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Marlborough nursing home has new owner
MetroWest Daily News - August 20, 2004
By Greg Turner / News Business Writer
Community Reporter |
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MARLBOROUGH -- A regional operator of health-care facilities has taken ownership of a local nursing home and plans to increase its involvement in the community.
Merrimack Health Group Inc., a privately held company headquartered in Marblehead, acquired Westridge Healthcare Center from Kentucky-based Kindred Healthcare Inc. The sale, for an undisclosed sum, closed Monday.
Westridge, a 196-bed, long-term care and rehabilitation facility located on Northboro Road in Marlborough, is being renamed Marlborough Hills Healthcare Center, according to Merrimack Health officials.
The company now has 11 facilities, 10 in Massachusetts and one in Bedford, N.H.
Gina Queiros, the facility's new administrator, greeted many of the staff's 180 full and part-time employees Wednesday to talk about the new owner's plans.
"The response was great. People are excited about the change of ownership and the fresh feel we're bringing to the programs," Queiros said yesterday. "We really want to focus on making this place a great working environment."
Besides continuing the level of care for residents, Marlborough Hills will reach out to the community. Queiros said the staff will hold monthly blood pressure screening clinics at a nearby CVS Pharmacy, starting Thursday. The staff also plans to participate in a walk to raise money for Alzheimer's research scheduled for October in Boston.
The facility, which has been in operation since 1964, has four units: Alzheimer's and dementia, long-term care, sub-acute rehabilitation and behavioral.
Queiros said renovations to the rehab unit that Kindred started will continue, and the company will bring the rehab services back in-house. Those services had been managed by an independent contractor.
Merrimack Health, whose facilities operate under a decentralized administrative model, plans a "seamless" transition in Marlborough during the change in ownership, name and some staff.
It is unclear why publicly held Kindred sold Westridge or if it has plans to unload any of its 38 other facilities, including two small specialty hospitals, in Massachusetts. A Kindred spokeswoman did not return a call seeking comment.
Kindred's other facilities in MetroWest are Bolton Manor Nursing & Rehabilitation Center in Marlborough, Eliot Healthcare Center in Natick, Newton and Wellesley Alzheimer's Center in Wellesley, and the Westborough Health Care Center.
Kindred employs 51,000 people and cares for more than 31,000 patients and residents daily. It operates 250 nursing centers, 70 acute-care hospitals and 30 institutional pharmacies in 40 states.
The company's presence in Massachusetts is about the same size as it was when Kindred, then called Vencor Inc., filed for Chapter 11 bankruptcy protection in 1999 after struggling to deal with a 1998 cut in Medicare reimbursement rates. It emerged as Kindred Healthcare in 2001.
In its most recent quarter, the three-month period ended June 30, Kindred posted a profit of $21.8 million, or 52 cents per share, reversing a loss of $43.4 million, or $1.25 per share, in the year-ago period. Its quarterly revenue rose to $897.5 million, up from $813.8 million.
Karen Driscoll, a spokeswoman for Merrimack Health, said the company saw the acquisition of the Westridge nursing home as "a good opportunity."
"This was not a bankrupt facility," she said. "It didn't have anything to do with that." |
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Copyright © 2011 - Marlborough Hills Healthcare Center
Marlborough, Massachusetts 01752
Telephone: (508) 485-4040 Fax: (508) 481-5585 |
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Marlborough Hills Healthcare Center is a member of the
Merrimack Health Group family of skilled nursing,
rehabilitation and assisted living facilities. |
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