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Extendicare
Real estate / Seniors housing
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Extendicare is a leading provider of long-term care and retirement living services in Canada. They have been operating for over 50 years and currently have over 120 senior care centers across the country. The company’s mission is to help people live better and provide compassionate, quality care for their residents. Extendicare offers a range of care services including long-term care, assisted living, and retirement living options. They also offer specialized services for people with dementia and other complex care needs. Extendicare is committed to continually improving the quality of their services and is known for their high standards of care and dedication to their residents’ well-being.
What is special about the company?
Extendicare is a leading provider of long-term skilled nursing, senior care, and assisted living services. It is special because:
1. History and Experience: The company was founded in 1968 and has over 50 years of experience in the healthcare industry.
2. High Quality Care: Extendicare is committed to providing high-quality care and services that meet the physical, emotional, and social needs of its residents.
3. Diversified Services: The company offers a wide range of services, including skilled nursing, assisted living, memory care, respite care, and rehabilitation services.
4. Focus on the Individual: Extendicare recognizes that every individual has unique needs and preferences and focuses on tailoring care plans to meet those needs.
5. Innovation and Technology: The company continuously invests in innovative technologies to enhance the quality of care and improve the resident experience.
6. Person-Centered Approach: Extendicare follows a person-centered approach to care, which means involving the resident and their family in decision-making and treating them with respect and dignity.
7. Commitment to Diversity and Inclusion: Extendicare values diversity and is committed to creating an inclusive and welcoming environment for all residents, employees, and stakeholders.
8. Team of Dedicated Professionals: The company has a team of dedicated and skilled professionals who are passionate about providing the best care possible to residents.
9. Corporate Responsibility: Extendicare is committed to being a responsible corporate citizen and has various initiatives in place to promote sustainability, social responsibility, and community involvement.
10. Continued Growth: Despite being a well-established company, Extendicare continues to grow and expand its services to meet the increasing demand for senior care.
1. History and Experience: The company was founded in 1968 and has over 50 years of experience in the healthcare industry.
2. High Quality Care: Extendicare is committed to providing high-quality care and services that meet the physical, emotional, and social needs of its residents.
3. Diversified Services: The company offers a wide range of services, including skilled nursing, assisted living, memory care, respite care, and rehabilitation services.
4. Focus on the Individual: Extendicare recognizes that every individual has unique needs and preferences and focuses on tailoring care plans to meet those needs.
5. Innovation and Technology: The company continuously invests in innovative technologies to enhance the quality of care and improve the resident experience.
6. Person-Centered Approach: Extendicare follows a person-centered approach to care, which means involving the resident and their family in decision-making and treating them with respect and dignity.
7. Commitment to Diversity and Inclusion: Extendicare values diversity and is committed to creating an inclusive and welcoming environment for all residents, employees, and stakeholders.
8. Team of Dedicated Professionals: The company has a team of dedicated and skilled professionals who are passionate about providing the best care possible to residents.
9. Corporate Responsibility: Extendicare is committed to being a responsible corporate citizen and has various initiatives in place to promote sustainability, social responsibility, and community involvement.
10. Continued Growth: Despite being a well-established company, Extendicare continues to grow and expand its services to meet the increasing demand for senior care.
What the company's business model?
Extendicare is a healthcare services company that provides long-term care, retirement living, and home health services. Their business model is focused on providing high-quality, personalized care to seniors and individuals with complex medical needs.
Extendicare’s revenue is generated primarily through government-funded programs such as Medicare and Medicaid, private-pay sources, and insurance reimbursements. They also invest in quality improvement programs and technology to enhance their services and attract new clients.
The company operates through a network of owned and managed facilities and works closely with local healthcare providers to coordinate and deliver comprehensive care to their clients. They also offer rehabilitation and therapy services to help residents maintain their independence and improve their quality of life.
Extendicare’s business model is built on their core values of compassion, teamwork, integrity, and innovation. They strive to provide a caring and supportive environment for their clients, as well as a fulfilling and rewarding workplace for their employees. By focusing on resident and employee satisfaction, Extendicare aims to maintain a strong reputation and attract new business opportunities.
Extendicare’s revenue is generated primarily through government-funded programs such as Medicare and Medicaid, private-pay sources, and insurance reimbursements. They also invest in quality improvement programs and technology to enhance their services and attract new clients.
The company operates through a network of owned and managed facilities and works closely with local healthcare providers to coordinate and deliver comprehensive care to their clients. They also offer rehabilitation and therapy services to help residents maintain their independence and improve their quality of life.
Extendicare’s business model is built on their core values of compassion, teamwork, integrity, and innovation. They strive to provide a caring and supportive environment for their clients, as well as a fulfilling and rewarding workplace for their employees. By focusing on resident and employee satisfaction, Extendicare aims to maintain a strong reputation and attract new business opportunities.
Interesting facts about the company
- Extendicare was founded in 1968 by Harold Livergant, who wanted to improve the quality of long-term care for seniors.
- The company started with just one nursing home in Ontario, Canada and has grown to include over 120 facilities in North America.
- Extendicare’s mission is to help people live better by providing high-quality, compassionate care to seniors and others in need of long-term care.
- In addition to long-term care, Extendicare also offers assisted living, retirement living, and home health care services.
- Extendicare is one of the largest providers of long-term care in Canada, and also has a presence in seven states in the United States.
- In 2018, Extendicare celebrated its 50th anniversary by launching the The Good Life campaign, which highlights the positive impact their facilities and services have on residents and their families.
- The company has received numerous awards and recognitions for its commitment to quality care, including being named one of the Best Employers in Canada for six consecutive years.
- Extendicare is committed to sustainability and has implemented many initiatives to reduce their environmental impact, such as promoting energy efficiency and reducing waste.
- In addition to providing care for seniors, Extendicare also partners with organizations and charities to support community initiatives and improve the lives of those in need.
- The company’s core values include trust, respect, accountability, and teamwork, which are reflected in their commitment to providing compassionate care and support for their residents and employees.
See Company Due Diligence:
- The company started with just one nursing home in Ontario, Canada and has grown to include over 120 facilities in North America.
- Extendicare’s mission is to help people live better by providing high-quality, compassionate care to seniors and others in need of long-term care.
- In addition to long-term care, Extendicare also offers assisted living, retirement living, and home health care services.
- Extendicare is one of the largest providers of long-term care in Canada, and also has a presence in seven states in the United States.
- In 2018, Extendicare celebrated its 50th anniversary by launching the The Good Life campaign, which highlights the positive impact their facilities and services have on residents and their families.
- The company has received numerous awards and recognitions for its commitment to quality care, including being named one of the Best Employers in Canada for six consecutive years.
- Extendicare is committed to sustainability and has implemented many initiatives to reduce their environmental impact, such as promoting energy efficiency and reducing waste.
- In addition to providing care for seniors, Extendicare also partners with organizations and charities to support community initiatives and improve the lives of those in need.
- The company’s core values include trust, respect, accountability, and teamwork, which are reflected in their commitment to providing compassionate care and support for their residents and employees.
See Company Due Diligence:
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