Archdiocese of Philadelphia has divested its long-term care assets to Center Management Group

November 2014

Subsector

Adult Day Care

Client Description

Founded in 1913, Catholic Health Care Services of the Archdiocese of Philadelphia is the seventh largest faith-based provider of skilled nursing and assisted living care in the country with a total capacity of just over 1,400 beds. It also provides adult day care, rehabilitation therapy, memory support, affordable housing, community support outreach and end-of-life care programs.

Rationale

Archdiocese of Philadelphia has divested its long-term care assets to Center Management Group