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By Tracey Drury  –  Reporter, Buffalo Business First Jan 8, 2018, 6:05am Post Acute Partners, the owners of the Elderwood nursing home network, has completed a deal that brings it into the Rochester market for the first time. The company on Jan. 2 completed the $11.5 million acquisition of the nonprofit Lakeside Beikirch Care Center. The 120-bed residential health care facility is now known as Elderwood of Lakeside at Brockport. The facility, with skilled nursing and short-term rehabilitation, was part of the Lakeside Health System. It sits next door to the former Lakeside Memorial Hospital, which closed in April 2013. Post Acute Partners is co-owned by Warren Cole and Jeffrey Rubin. Its Elderwood Administrative Services division is based in Buffalo at 500 Seneca. The company is currently working to acquire the majority of programs at Weinberg Campus in Getzville, including Rosa Coplon Jewish Home, Dosberg Manor Adult Home & Assisted Living, Forest Creek Independent Living Facility,; Garden House Assisted Living, Meadows Assisted Living,; the Town Square for Aging facility and a certified home health agency program. In all, the company employs over 4,000 at more than 20 facilities in three states, with deals pending for more than a dozen acquisitions. Source: https://www.bizjournals.com/buffalo/news/2018/01/08/elderwood-parent-completes-brockport-nursing-home.html...

Tri-County Nursing Home now part of Elderwood system Business director says staff, administration won’t change BY CHRISTOPHER SOUTH [caption id="attachment_581" align="alignnone" width="640"] The Adirondack Tri-Country Nursing Home and Rehabilitation Center is now Elderwood at North Creek. The nursing home was purchased by Elderwood’s parent company Post Acute Partners out of New York City. Business director Anna Foy with Elderwood said the company hopes to keep the current administration and care staff, while upgrading the facility and services.[/caption] NORTH CREEK | The Adirondack Tri-County Nursing Home is now Elderwood at North Creek after being sold. Post Acute Partners paid $2.8 million for the facility plus another $180,000 for operating interests. The deal became effective on Jan. 22. Anna Foy, director of business development with Elderwood, said the company has facilities in western and central New York, and in Rhode Island. “We are mainly focused in New York state. Our first in the North Country is in Lake Placid, and North Creek is adding to it,” Foy said. While part of a larger group of elder care facilities, each building is its own entity, she said. “We work with the facility and staff, invest in what is there, and make it better.” Foy said the existing staff members are the ones who have been...

By Thomas J. Prohaska The Buffalo News The Odd Fellow and Rebekah Rehabilitation and Health Care Center in Lockport officially became Elderwood at Lockport Tuesday. Last March, the Odd Fellow board sold the 126-bed nursing home to Elderwood for $10 million. At the time, administrator Eugene L. Urban said the local board had been seeking a buyer for three or four years, and chose Elderwood from among six potential suitors. Shari Hutchison will be the new administrator of Elderwood at Lockport, according to a news release from Post Acute Partners, Elderwood's parent firm. Elderwood operates nursing homes or assisted living facilities in eight Erie County communities and in Wheatfield, its only other Niagara County location. It also operates facilities in Pennsylvania and Rhode Island. See Full Article...

Elderwood at Lockport, formerly Odd Fellow & Rebekah Rehabilitation & Health Care Center, 104 Old Niagara Road, became the newest member of the Elderwood Care community effective Tuesday. It will be led by Administrator Shari Hutchison. “We are pleased to welcome Odd Fellow & Rebekah into the Elderwood family of companies. This acquisition allows Elderwood to expand its presence further into Niagara County,” Dr. Jeffrey Rubin, co-chief executive officer, said. “We plan to leverage the excellent reputation and care provided by the staff, and will work together to enhance the services provided at the facility.” It is the second addition of Elderwood facilities in Niagara County; the company operates a facility in Wheatfield as well. Elderwood provides skilled nursing care, specialized subacute care, rehabilitation, assisted living, independent living and memory care services in western and central New York, Rhode Island and Pennsylvania. It is part of a larger group of health care companies owned by Post Acute Partners, which operates pediatric facilities in Pennsylvania, the Elderwood Health Plan managed long-term care plan, Elderwood Transportation and Woodmark Pharmacy. See Full Article...

The $10 million deal for Odd Fellow & Rebekah Rehabilitation & Health Care Center gives Elderwood a second site in Niagara County, joining a facility at the other end of the county in Wheatfield. stokkete By Tracey Drury  –  Reporter, Buffalo Business First Elderwood has completed its acquisition of a Lockport skilled nursing facility, the third deal to close this month. The $10 million deal for Odd Fellow & Rebekah Rehabilitation & Health Care Center gives Elderwood a second site in Niagara County, joining a facility at the other end of the county in Wheatfield. Just last week, the company completed the acquisition of the 82-bed Adirondack Tri-County Nursing and Rehabilitation Center Inc., now known as Elderwood at North Creek; which followed an $11.5 million sale that closed Jan. 2 for the nonprofit Lakeside Beikirch Care Center, a 120-bed residential health care facility now known as Elderwood of Lakeside at Brockport. Elderwood at Lockport, the new name for the 126-bed Odd Fellow site, provides long-term care and skilled nursing, as well as adult medical day services, cardiac telemetry, respite care, memory care and subacute services, such as cardiac rehab, orthopedic rehab and wound care. No major changes are planned, said Dr. Jeffrey Rubin, co-CEO for Elderwood...