Post Acute Partners, a long-term care owner/operator based in New York City, has acquired ElderWood SeniorCare for $141.5 million.
Group purchasing organizations are making costs lower for long-term care operators and other healthcare providers, asserts a recent report from the Healthcare Group Purchasing Industry Initiative (HGPII).
Long-term care facilities should prepare to pay more for food in 2013, with prices going up as much as 4%, according to a prominent industry voice.
Kairos Health Systems — a leading group purchasing organization to the non-profit senior housing sector — has signed a preferred partnership agreement with Remedi SeniorCare. Under the deal, Remedi will provide comprehensive pharmacy and consulting services. Kairos has more than 150 participating facilities, which deliver long-term care to more than 14,000 residents throughout Delaware, Maryland and Pennsylvania. "We completed a thorough evaluation of the valued benefits that providers currently receive through their partnership with Remedi, and what we discovered were impressive processes, excellent customer satisfaction and successful outcomes in the areas that matter most to our providers," said Kairos President and CEO Jennifer Wimer.