Company Information

Get to know Americore Group

Americore Group, operating as Americore Health, was a healthcare company founded by Grant White with a stated mission to save financially distressed rural hospitals in the United States. The company rapidly acquired several hospitals with a strategy focused on turnaround management and operational improvements. However, it quickly faced severe financial difficulties, leading to numerous lawsuits over unpaid bills and employee wages, and ultimately culminating in a Chapter 11 bankruptcy filing in 2019. The company's collapse was surrounded by allegations of financial mismanagement and fraud.

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Americore Group

United States

Founded in

1998 (28 Years)

Founded

Last online: No recent activity

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Markets.com

(327 reviews)

United States

2008

(18 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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