Utah-based Avalon Healthcare Group to acquire 10 skilled nursing centers from Springfield-based Pinnacle Healthcare
Avalon Healthcare Group announced plans to acquire 10 skilled nursing facilities in Oregon, including three in Eugene, reports The Register-Guard.
Avalon Healthcare Group, based in Salt Lake City, plans to enter the Oregon market by acquiring the business of Pinnacle Healthcare, a longtime Oregon-based company.
The Oregon centers include: French Prairie Nursing and Rehabilitation Center in Woodburn; Corvallis Manor Nursing and Rehabilitation Center in Corvallis; Rose Haven Nursing Center in Roseburg; Umpqua Valley Nursing & Rehabilitation Center in Roseburg; Hearthstone Nursing & Rehabilitation Center in Medford; Royale Gardens Health & Rehabilitation Center in Grants Pass; and Highland House Nursing & Rehabilitation Center in Grants Pass.
The deal also includes the following Eugene centers: Green Valley Rehabilitation Center, on Adkins Street; Hillside Heights Rehabilitation Center, on McClean Boulevard; and South Hills Rehabilitation Center, on East 28th Avenue.
“Pinnacle is the legacy of the Hart and Garber family,” the company’s chief executive Merlin Hart said in prepared remarks. “Together, we have been a part of the health care fabric of Oregon for nearly 70 years. When we looked for an organization with a similar mission, values and vision to continue our legacy for years to come, Avalon Health Care rose to the top.”
Avalon will gain Pinnacle’s Oregon centers that have 1,108 beds, including 303 beds in Eugene. The 1,324 employees in Oregon and 443 in the Eugene-Springfield area at Pinnacle will become Avalon employees when the transfer the lease agreements is completed early next year, bringing the new total of Avalon centers to 49 across Oregon, Arizona, California, Hawaii, Idaho, Utah and Washington. With a total of 8,200 employees, Avalon also has 5,532 beds across all the centers.
“The residents and patients will continue to receive the great care they’ve been receiving from Pinnacle,” he said. “Things will be very much the same day to day.”