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Hospital & Medical Practitioners M&A image Hospital & Medical Practitioners M&A » By The Online Investor Staff, updated Fri., Apr. 19, 9:07 AM Recent mergers and acquisitions in the Hospital & Medical Practitioners M&A category.

This Slide: #41 of 49

Slide #41. Emeritus Corporation — Nurse on Call, Inc.

Acquirer: Emeritus Corporation (ESC)
Acquiree: Nurse on Call, Inc.
Details: Emeritus Corporation, the nation's largest provider of assisted living and memory care services, today closed the previously announced acquisition of Nurse on Call, Inc. Nurse on Call is the largest Medicare-licensed home health care provider in Florida and one of the largest such providers in the United States. Emeritus paid $102.5 million for 91% of the equity of Nurse on Call's parent company, and the remaining equity is owned by certain members of Nurse on Call's management team.

Emeritus owns and operates a portfolio of senior living communities providing resident services including independent living, assisted living, specialized Alzheimer's/dementia, and nursing care. Co. assists its residents with activities including transportation, socialization and education, housing, and personal support services, such as medication management, bathing, dressing, personal hygiene and grooming. Co. also provides home healthcare through its Nurse on Call, Inc. subsidiary. Also, Co. provides management services to independent and related-party owners of senior living communities. As of Dec 31 2013, Co. operated 512 senior living communities in 45 states.

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ESC — Key Stats (updated Thu., Jul. 31, 10:23 AM)
Company Name:  Emeritus Corp.
Website:  www.emeritus.com
Sector:  Hospital & Medical Practitioners
 

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April 19, 2024  •  9:07 AM Eastern
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