The Dynamic Duo Who Built an Empire
George Repchick and Bill Weisberg started Saber Healthcare in 2001 with a single inner-city nursing home in Cleveland (turned a $240,000 monthly loss into an average annual profit of $3 million), and grew it to 117 assisted and skilled nursing facilities generating just under $1 billion in revenue annually.
George started as a Resident Assistant, became a licensed nursing home administrator, worked his way up through Beverly Enterprises (then the largest long-term care company in the nation), and. Nice going George.
The guy gives back too. His donation to Pitt-Bradford was "one of the largest ever made by a Pitt-Bradford alumnus," funding athletic fields and nursing program scholarships. Kol Hakavod.
The Pennsylvania Chapter: In 2018, Saber took over 10 Pennsylvania facilities from the failed Oak Health chain after it went into receivership owing $10.5 million in rent.
Like every large operator, Saber has its share of citations - that's inevitable when you're operating 140+ facilities. But building a billion-dollar company from one struggling Cleveland nursing home? That's the American dream chevreh.
Ok that's enough goyim for now.