Navigation Links
Evergreen Healthcare L.L.C. Announces 100% Employee Ownership
Date:3/30/2009

VANCOUVER, Wash., March 30 /PRNewswire/ -- Becoming the first long term care company in the United States to become 100% employee owned, Evergreen Healthcare and its affiliates today announced the completion of their transition from private ownership to being 100% owned by an Employee Stock Ownership Plan (ESOP) Trust.

"We feel that this is the highest benefit we can provide for our devoted employees who, we hope, will have long, fulfilling careers with Evergreen Healthcare," said Anne Nipp, CEO of EHC Management, L.L.C. "By offering this ESOP to our employees, we are doing our part to support hard working healthcare professionals in these challenging economic times, and simultaneously better serve our residents and their families by retaining highly skilled care givers."

Evergreen Healthcare and its affiliates have been privately owned and operated since 1997. The company's founder, Andy Martini, had the vision to grow a responsible company that, at its heart, had core values and strong, stable management personnel and practices dedicated to providing quality services to the elderly.

The transfer of ownership to those who have helped build the company enables the company to make a seamless transition, with the same people and systems in place. Minimized disruption will assure ongoing continuity and quality for its residents and their families.

"It's exciting to be part of something groundbreaking...to be part of a company that is committed to us, its employees. That, in turn, makes all of us feel more committed because now it's our company," said Pat Dahlstrom, Director of Food and Nutrition Services and a ten-year employee of the company.

Nipp further stated, "With the national attention on healthcare, we are committed to the dedicated and trained professionals working in our communities across seven states and want them to feel this in a tangible way."

Anne Nipp and Dale Patterson will retain their roles as CEO of EHC Management, L.L.C. and EHC Financial Services, L.L.C. respectively. Andy Martini will continue to serve on the company's board of directors.

About Evergreen Healthcare

Evergreen Healthcare provides management and consulting services to 53 licensed skilled nursing and five assisted living facilities in California, Idaho, Montana, Nevada, Oregon, Utah and Washington. These facilities provide a broad spectrum of healthcare services, including nursing care, rehabilitation therapy and other specialty services. The Evergreen Healthcare companies pride themselves on their collective mission to assist each individual resident to maximize his or her highest desired potential. For more information, please visit www.evergreenhealthcare.com.


'/>"/>
SOURCE Evergreen Healthcare
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Evergreen Healthcare and Others Successfully Migrate to the Telekenex Network From Straitshot
2. Healthcare IT Leaders from InfoLogix Address Gaps in EMR Implementation, Medical Error Reduction and Healthcare Cost Savings at HIMSS09
3. Companion Global Healthcare Clients May Choose Brazil for JCI-Accredited Care
4. First Choice Professionals and TIBCO Announce Strategic Partnership to Advance Healthcare Integration
5. BestHealthcareRates.com Reports Highest Cancellation Rate of Employee Benefit Plans in More Than Two Decades
6. Nutrition 21s President and CEO, Elected to the Consumer Healthcare Products Association Board
7. Thomson Reuters Study Finds Step Therapy Programs May Increase Overall Healthcare Costs for Employers
8. ProSolv CardioVascular and GE Healthcare Ultrasound Division Announce Affiliation
9. Prince William Health System and Novant Health Agree on Partnership to Expand Quality Healthcare in Northern Virginia
10. Tanya Osborne-McKenzie Wins AMN Healthcare ACNL Scholarship
11. Healthcare CEO Summit Addressing Strategic Implications of Economic Stimulus Package to be Hosted by InfoLogix
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/22/2017)... ... September 22, 2017 , ... ... tick-borne diseases through research, education and awareness, today announced the appointment of Timothy ... and microbiologist, Dr. Sellati has more than 20 years of research experience with ...
(Date:9/21/2017)... ... September 21, 2017 , ... ... — 1:30 p.m. – 3:00 p.m. ET, http://www.fdanews.com/processcapabilityindices      ... things wrong, run afoul of The Quality System Regulation (§820.250), and Devicemakers find ...
(Date:9/21/2017)... ... September 21, 2017 , ... Promotional ... http://www.fdanews.com/products/54818-promotional-communication      , In the competitive world of drug and device marketing ... in compliance with FDA rules. , The FDA has issued two draft guidances ...
(Date:9/21/2017)... ... September 21, 2017 , ... Bill Howe Plumbing’s mission is to create ... back to the community. For over 37 years, they have operated with their mission ... plumbing in San Diego. They were chosen as the Best San Diego plumber ...
(Date:9/21/2017)... Southborough, Mass. (PRWEB) , ... September 21, 2017 , ... ... for children with autism, announced today the election of Yie-Hsin Hung to the Board ... Yie-Hsin Hung join our Board of Directors. Ms. Hung is an invaluable addition to ...
Breaking Medicine News(10 mins):
(Date:9/7/2017)... BOTHELL, Wash. , Sept. 7, 2017   BioLife ... developer, manufacturer and marketer of proprietary clinical grade cell and ... media ("BioLife"), announces that Mike Rice , President and ... Rodman & Renshaw 19 th ... 3:25 p.m. Eastern time (12:25 p.m. Pacific time). The conference ...
(Date:9/6/2017)... 2017 Eli Lilly and Company (NYSE: ... data for galcanezumab and lasmiditan, two investigational treatments for ... Society (IHC) taking place Sept. 7-10 in ... new, long-term data from an open-label study evaluating the ... mg and 240 mg) for the prevention of migraine. ...
(Date:9/5/2017)... Oramed Pharmaceuticals Inc. (NASDAQ: ORMP ) (TASE: ... on the development of oral drug delivery systems, announced ... the U.S. Food and Drug Administration (FDA) regarding ORMD-0801, ... At the meeting, the FDA gave ... ORMD-0801, would be a Biologics License Application (BLA).  Such ...
Breaking Medicine Technology: