- June 22, 2021
- Posted by: Stratford Team
- Category: Business
Silverado has entered into a definitive agreement to sell three hospice locations to Mission Healthcare for an undisclosed amount.
The three locations — in Ventura and San Mateo, California, and Salt Lake City, Utah — are among the smallest sites in Silverado’s hospice business and will benefit from being part of a larger organization in the region, Silverado SVP of Sales and Marketing Jeff Frum told Senior Housing News via email.
Irvine, California-based Silverado is a pioneer of standalone memory care communities and has also operated in the hospice space since 2004.
“We have a foundational commitment to hospice,” Frum said.
In recent years, Silverado has been expanding its involvement in hospice. In 2018, the company set a goal of opening two hospices a year for five years. At that time, the company operated 11 hospice sites.
“We take care of people in our memory care communities through the end of life,” Silverado…
