ProMedica, Welltower, finalize purchase of HCR ManorCare
The deal gives
"This partnership is groundbreaking. Together, we will redefine health care and its role in healthy aging,"
"Together with
Shareholders of Quality Care on Wednesday approved the
ManorCare, which is in Chapter 11 bankruptcy, is expected to exit bankruptcy quickly.
ManorCare operates about 500 assisted living, skilled nursing, and home-health and hospice centers under the ManorCare, Arden Court, and Heartland brand names. It has about 1,700 employees locally and more than 50,000 nationally.
The local employees include about 700 at its
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