100 Most Influential People in Healthcare - 2020

Two years after Oostra made the decision acquire HCR Manorcare, the move seems to be paying off. In the first half of 2020, HCR, which now makes up almost half of ProMedica’s revenue, posted a 7.7% operating margin, boosted by $156 million in federal stimulus grants, compared with a -1.9% margin in ProMedica’s provider division. In November, McLaren St. Luke’s sued ProMedica over its alleged plans to cut off access to McLaren St. Luke’s services to protect its market share.