For Immediate Release
CBC Announces Acquisition of Hope Nursing Home Care
Raleigh, NC– Community Based Care (“CBC”) a home-based healthcare services company that provides a suite of in-home care and support services focused on improving patient and client outcomes, today announced that the Company has acquired Hope Nursing Home Care (“Hope”) a provider in Rhode Island. Hope Nursing will operate within CBC’s home care services family CBHomecare.
Hope, located in Cranston, Rhode Island, has been providing home health care services to Rhode Island residents since 2003 and served over 2,000 families. Hope offers personal care, homemaking and companion care.
CBC’s mission is “ to serve people with individualized support needs to achieve their best health and fullest lives. We match the right team of professionals to the people in their community who need support, with compassion and convenience”.
CBC and Hope possess the shared values necessary to fulfill our mission into the future. Hope has a long-standing reputation for outstanding quality in Rhode Island. CBC intends to further enhance the level of support required to continue to provide high-quality services into the future.
Mike Kotzen, CBC President/CEO, said, “Hope Nursing brings a reputation as both an outstanding provider and employer in Rhode Island. At CBC we look forward to continuing that legacy and making a meaningful positive impact on the residents of Rhode Island. Hope will complement the services we provide in other regions across CBHomecare. We are thrilled to welcome the Hope Nursing team into the CBHomecare family.”
About Community Based Care
The CBC family of providers exists to serve people with individualized support needs to achieve their
best health and fullest lives. We match the right team of professionals to the people in their community who need support, with compassion and convenience. CBC serves nearly 3,000 clients in North Carolina, Florida, Virginia and Rhode Island, it employs over 3,500 talented and committed caregivers.
For more information on CBC and its family of providers, please visit www.cbcare.com and www.cbhomecare.com . For more information on mergers & acquisitions please contact Gene Rodgers, CBC Executive Vice President, at email@example.com.
Stoneridge Partners served as the exclusive advisor to Hope Nursing Home Care.