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Making a leap; Deal puts Extendicare in top five for assisted living.

Publication: Modern Healthcare
Publication Date: 07-FEB-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Making a leap; Deal puts Extendicare in top five for assisted living.(The Week In Healthcare)(Extendicare Health Services acquired Assisted Living Concepts Inc.)

Article Excerpt
Byline: Joseph Mantone

Extendicare Health Services is not just a nursing home company anymore.

The for-profit senior-care provider completed its acquisition of Assisted Living Concepts, Dallas, last week, making Extendicare one of the largest companies offering assisted-living services in the U.S. The company added 177 assisted-living facilities and about 7,000 beds, giving it about 9,000. It becomes the fifth-largest assisted-living company in the U.S., moving up from No. 23, according to 2004 bed-count...

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