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Korean community group strikes deal to buy LTC home, averting sale to for-profit company
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In face of deadly pandemic, Ontario long-term care homes continue breaking COVID-19 safety rules
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Extendicare Announces 2020 Fourth Quarter and Year End Results
February 25, 2021 20:30 ET | Source: Extendicare Inc Extendicare Inc Markham, Ontario, CANADA
MARKHAM, Ontario, Feb. 25, 2021 (GLOBE NEWSWIRE) Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three and twelve months ended December 31, 2020. Results are presented in Canadian dollars unless otherwise noted.
“The COVID-19 pandemic continues to impact our country, communities and families. The immense toll of this virus on those in our care, and the courageous teams who care for them, has been relentless,” said President and Chief Executive Officer, Dr. Michael Guerriere. “The tragic effects of this pandemic will be with us for many years to come. We offer our heartfelt condolences to those who have lost a loved one during this pandemic.”
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Amid a pandemic that has placed the challenges facing long-term care in focus, Brockville’s Sherwood Park Manor wants to expand.
The non-profit long-term care facility just east of Brockville’s boundary announced Tuesday it has hired consultants to work on a proposal for expansion.
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If approved, the plan would see 21 new beds added to the site. While he hesitated to provide a cost estimate at such an early stage, manor administrator Alfred O’Rourke suggested the project could cost in the range of $30 million to $35 million.
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