CareOne LLC

CareOne LLC
Private
Industry Health care
Founded 1999
Headquarters Fort Lee, New Jersey[1]
Area served
 New Jersey, Massachusetts, and Virginia
Key people
 Daniel E. Straus - Chairman and CEO
Timothy Hodges - Chief Strategy Officer
Elizabeth Straus - Executive Vice President[2][3]
Services Post-acute skilled nursing and assisted living facilities
Number of employees
 15,000
Website www.care-one.com

CareOne LLC is a network of over 70 post-acute nursing and assisted living facilities primarily located in New Jersey, Massachusetts, and Virginia. Daniel E. Straus is the founder, Chairman and CEO of the organization.[3]

History

Founder Daniel E. Straus was first involved in the healthcare industry through leading Multicare Companies, Inc., a group of assisted living facilities in the New Jersey. Multicare was purchased by Genesis Health Ventures, Inc. in 1997 in which Daniel and his brother Moshael owned 43% of the company.[4]

Daniel founded CareOne LLC in 1999.

Overview

CareOne LLC has more than 70 nursing and assisted living centers in the US across 8 eight states. A total of 30 facilities are located in New Jersey, making it the largest assisted living company in the state (according to the National Investment Center for the Seniors Housing & Care Industry).[5] CareOne LLC admits and discharges over 20,000 patients annually, per company figures.[2]

CareOne LLC has also been nationally recognized for several successful fundraising efforts, including the Queen of Heart Ball for breast cancer research and the Valerie Fund, which benefits families of children with blood cancer. To date, CareOne LLC has raised over $5 million in philanthropic efforts.[6][7]

References

  1. ↑ "CareOne LLC Contact Us". Retrieved 15 February 2016.
  2. 1 2 "CareOne LLC About". Retrieved 15 February 2016.
  3. 1 2 Bloomberg Company Profile. "Company Overview of CareOne LLC". Retrieved 15 February 2016.
  4. ↑ Newswire from InsuranceNewsNet.com. "50 Wealthiest New Jersyans", 23 July 2015. Retrieved 25 January 2016.
  5. ↑ Roumeliotis, Greg and Oran, Olivia. "Exclusive: CareOne explores $2 billion real estate asset sale - sources" 30 June 2014. Retrieved 15 February 2016.
  6. ↑ Chana, Jas. "CareOne Ball Raises $1.7 Million for Breast Cancer Research", 10 February 2016. Retrieved 15 February 2016.
  7. ↑ danielestraus.org. "CareOne’s Daniel E. Straus Announces Valentine’s Ball in Support of The Valerie Fund Exceeded Goal, Raised $1.1 Million", 13 February 2014. Retrieved 25 January 2016.
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