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Friday, May 6, 2016

Sale in the works

Thursday, December 7, 2006

Summit Health Resources has signed a letter of intent with White River Health System to purchase North Arkansas Life Care Center and North Arkansas Residential Care in Horseshoe Bend, according to WRHS Public Relations Coordinator Sheila Mace.

The Horseshoe Bend facilities, which are still under the ownership of WRHS, house over 80 residents, Mace said. Both facilities offer rehabilitation and restorative therapies. North Arkansas Residential Care also provides assisted living to individuals who no longer can live independently but do not require skilled nursing care, according to Mace.

Like the WRHS facilities, Summit Health Resources, which owns Summit Health and Rehabilitation in Taylor, Ark., and Pine Forest Health and Rehabilitation in Fordyce, Ark., specializes in long-term health services, intensive rehabilitation and transitional health services, according to the company's Web site.

Summit Vice President John Ponthie said he is excited about the changes and is ready to build upon the reputation WRMC has extablished in the Horseshoe Bend community. "We are very pleased to have this opportunity to partner with these communities to provide the highest standard of compassionate care," Ponthie said.

Though WRHS would not comment why this transaction is being made, WRHS CEO and administrator Gary Bebow said, "The leadership of Summit Health Resources shares our philosophy of caring."

Mace said she expects the change in ownership to be a smooth transition for everyone involved. "Summit Health Resources and WRHS are working together to provide a seamless transition for residents, their families and employees," she said.

Summit said they do not expect to make any changes in employment as a result of the ownership change.

"They (Summit Health Resources) have a proven track record of commitment to employees and facility development," Bebow said.

Those wanting more information about Summit Health Resources and their facilities can go to their Web site www.summithealthresources.com.

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