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TexasTowelie

(116,799 posts)
Thu Nov 17, 2016, 01:34 AM Nov 2016

National group buys five nursing homes

BENNINGTON - One of the nation's largest skilled nursing facilities groups has purchased the Bennington Health and Rehab Center and four other nursing homes in Vermont.

Genesis Healthcare recently completed purchase of those facilities and others in a total of five states from Revera Inc., a company based in Ontario, Canada, according to Judy Morton, regional executive director for the Genesis facilities in Southern Vermont.

Morton said Revera had wanted to sell its facilities in the U.S., and Genesis was operating in states where they were located, including Connecticut, New Hampshire, Vermont and New Jersey.

"This seemed like a good fit," she said.

The Bennington nursing home and the others in Vermont are now part of a group that owns about 200 facilities in New England and more than 500 nationwide. Morton and staff members in Bennington said that large network already is providing benefits for both patients and employees.

Read more: http://www.benningtonbanner.com/stories/national-group-buys-local-nursing-home-five-in-vt,489595

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