A growing skilled nursing and senior living company is looking to expand its reach throughout the United States.
Optalis Healthcare, based in Novi, MI, gearing up to either build or acquire more facilities in Michigan, Ohio and Florida, Crain’s Detroit Business reported. CEO Raj Patel, however, declined to specify the number of facilities or give any details about future acquisitions, stating plans “are still under review.”
“We are very optimistic that we are in front of the bell curve with a large amount of seniors eight to 10 years away from when they really need services,” Patel told the news organization. “Age 65 is the new 55. Many seniors don’t need a lot of services until they get into their high 70s, early 80s. We are innovative and ready for the big wave.”
The 15-facility company purchased five Detroit-area, Beaumont-affiliated properties (four SNFs and one senior living facility) from Premier Health Care Management in September. Patel called the deal a “perfect fit to the Optalis growth plan in the southeast Michigan market.”