American Baptist Homes of the West and be.group have announced they will merge next year to create one of the largest nonprofit senior living organizations in the country.
Genesis, Skilled Healthcare merger to create huge long-term care provider with more than 500 facilitiesAugust 20, 2014
Genesis HealthCare and Skilled Healthcare Group Inc. will merge to create a single long-term and post-acute care company with more than 500 facilities nationwide, the providers announced Tuesday.
AOD Software has bought Stratis Business Systems Inc., a home health and home care cloud-based software system.
Joerns Healthcare and RecoverCare announced a merger last week.
While many details of the merger of the American Health Care Association and the Alliance for Quality Nursing Home Care are still being sorted out, one thing is clear: The agreement of nursing home giant HCR ManorCare and regional provider Medical Facilities of America (MFA) to join AHCA sealed the deal.
Under terms of the agreement, Genesis will acquire Sun for $8.50 per share of common stock in cash. Following the announcement, Sun shares leaped Thursday.
Two major online training companies — Upstairs Solutions and Care2Learn — have announced their merger. Financial terms of the deal were not disclosed. Nor has a name for the united firm been determined. The transaction will affect 4,000 facilities nationwide. Upstairs Solutions co-founder Tamar Abell will be president of the merged organization. She will answer to Tom Wallace, CEO of VectorLearning, the parent company of the new entity. Also joining the leadership team are Care2Learn's Vice President of Sales Ryan Sparks and Ken Berger, the former COO of Upstairs Solutions, who is now the vice president of operations. Customers of both firms will not see a service interruption. However, they will soon gain access to additional features and options, according to the merged firm.