Medicalodges Inc., a Kansas long-term care provider headquartered in Coffeyville, and Cherry Village Benevolence Inc., a long-term care provider located in Great Bend, jointly announced this week that they have reached terms for Medicalodges to assume ownership and the operations of the nursing facility located at 1401 Cherry Lane, Great Bend.
The transaction is expected to close as of Aug. 1, at which time affiliates of Medicalodges will begin operation of the 70-bed skilled and residential care facilities.
“We feel this will be very advantageous to our residents and our employees,” Pamela Lewis, president of Cherry Village Benevolence said. “Medicalodges will offer its Employee Stock Ownership Program and will provide death, retirement, and/or disability funds to our employees.”
“Medicalodges is a 57 year old company with in excess of 1,800 employees and which operates over 30 facilities in Kansas, Missouri and Oklahoma,” said Garen Cox, president and Chief Executive Officer for Medicalodges. “We take pride in providing quality care and we feel that the residents of the Great Bend area are in need of continuing services that were offered by the Cherry Village Facility and we are honored to enter this market.”
Meetings are planned with residents and family members and with employees and vendors to discuss the transaction so all parties will be fully informed.