CareOne LLC

Last updated
CareOne LLC
Type Private
Industry Health care
Founded1999
Headquarters Fort Lee, New Jersey [1]
Area served
New Jersey, Massachusetts, Connecticut, Pennsylvania
Key people
Daniel E. Straus – Chairman and CEO;
Elizabeth Straus – Executive Vice President
ServicesPost-acute skilled nursing and assisted living facilities
Number of employees
15,000
Website www.care-one.com

CareOne LLC is a network of approximately 55 post-acute nursing and assisted living facilities primarily located in New Jersey and Massachusetts. Daniel E. Straus is the founder, chairman and CEO of the organization, and his daughter Elizabeth Straus is Executive Vice President. [2]

Contents

History

Straus became involved in the healthcare industry in 1984 through leading Multicare Companies, Inc., a group of assisted living facilities in New Jersey. Multicare was purchased by Genesis Health Ventures, Inc. in 1997. [3] Straus then founded CareOne LLC in 1999. [4]

Overview

CareOne LLC has approximately 55 nursing and assisted living centers in the US across several northeastern states. Approximately 35 facilities are located in New Jersey, [5] making it the largest assisted living company in the state. [6] CareOne LLC admits and discharges over 20,000 patients annually, per company figures. [7]

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. [8] [9]

Related Research Articles

<span class="mw-page-title-main">University of California, San Francisco</span> Public university in San Francisco, California

The University of California, San Francisco (UCSF) is a public land-grant research university in San Francisco, California. It is part of the University of California system and is dedicated entirely to health science and life science. It conducts research and teaching in medical and biological sciences.

<span class="mw-page-title-main">Nursing home</span> Type of residential care

A nursing home is a facility for the residential care of older people, senior citizens, or disabled people. Nursing homes may also be referred to as care homes, skilled nursing facilities (SNF) or long-term care facilities. Often, these terms have slightly different meanings to indicate whether the institutions are public or private, and whether they provide mostly assisted living, or nursing care and emergency medical care. Nursing homes are used by people who do not need to be in a hospital, but cannot be cared for at home. The nursing home facility nurses have the responsibilities of caring for the patients' medical needs and also the responsibility of being in charge of other employees, depending on their ranks. Most nursing homes have nursing aides and skilled nurses on hand 24 hours a day.

An assisted living residence or assisted living facility (ALF) is a housing facility for people with disabilities or for adults who cannot or who choose not to live independently. The term is popular in the United States, but the setting is similar to a retirement home, in the sense that facilities provide a group living environment and typically cater to an older adult population. There is also Caribbean assisted living, which offers a similar service in a resort-like environment.

<span class="mw-page-title-main">HCA Healthcare</span> American healthcare facilities company

HCA Healthcare is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owns and operates 186 hospitals and approximately 2,000 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 21 states and the United Kingdom. As of 2021, HCA Healthcare is ranked #62 on the Fortune 500 rankings of the largest United States corporations by total revenue.

<span class="mw-page-title-main">Kindred Healthcare</span> U.S. healthcare company

Kindred Healthcare was a post-acute healthcare services company that operated long-term acute-care hospitals and provides rehabilitation services across the United States.

<span class="mw-page-title-main">Elderly care</span> Care serving the needs and requirements of senior citizens

Elderly care, or simply eldercare, serves the needs of old adults. It encompasses assisted living, adult daycare, long-term care, nursing homes, hospice care, and home care.

<span class="mw-page-title-main">Providence Health & Services</span> Healthcare system operating multiple hospitals across seven states, headquarters in Renton

Providence Health & Services is a not-for-profit, Catholic health care system operating multiple hospitals and medical clinics across seven states, with headquarters in Renton, Washington. The health system includes 51 hospitals, more than 800 non-acute facilities and numerous assisted living facilities on in the Western United States as well as Montana, New Mexico, and Texas. Providence Health & Services was founded by the Sisters of Providence in 1859 and merged with St. Joseph Health in 2016.

Patient advocacy is a process in health care concerned with advocacy for patients, survivors, and caregivers. The patient advocate may be an individual or an organization, concerned with healthcare standards or with one specific group of disorders. The terms patient advocate and patient advocacy can refer both to individual advocates providing services that organizations also provide, and to organizations whose functions extend to individual patients. Some patient advocates are independent and some work for the organizations that are directly responsible for the patient's care.

<span class="mw-page-title-main">Healthcare in Pakistan</span>

The healthcare delivery system of Pakistan is complex because it includes healthcare subsystems by federal governments and provincial governments competing with formal and informal private sector healthcare systems. Healthcare is delivered mainly through vertically managed disease-specific mechanisms. The different institutions that are responsible for this include: provincial and district health departments, parastatal organizations, social security institutions, non-governmental organizations (NGOs) and private sector. The country's health sector is also marked by urban-rural disparities in healthcare delivery and an imbalance in the health workforce, with insufficient health managers, nurses, paramedics and skilled birth attendants in the peripheral areas. Pakistan's gross national income per capita in 2021 was $4,990 and the total expenditure on health per capita in 2021 was Rs 657.2 Billions, constituting 1.4% of the country's GDP. The health care delivery system in Pakistan consists of public and private sectors. Under the constitution, health is primarily responsibility of the provincial government, except in the federally administrated areas. Health care delivery has traditionally been jointly administered by the federal and provincial governments with districts mainly responsible for implementation. Service delivery is being organized through preventive, promotive, curative and rehabilitative services. The curative and rehabilitative services are being provided mainly at the secondary and tertiary care facilities. Preventive and promotive services, on the other hand, are mainly provided through various national programs; and community health workers’ interfacing with the communities through primary healthcare facilities and outreach activities. The state provides healthcare through a three-tiered healthcare delivery system and a range of public health interventions. Some government/ semi government organizations like the armed forces, Sui Gas, WAPDA, Railways, Fauji Foundation, Employees Social Security Institution and NUST provide health service to their employees and their dependents through their own system, however, these collectively cover about 10% of the population. The private health sector constitutes a diverse group of doctors, nurses, pharmacists, traditional healers, drug vendors, as well as laboratory technicians, shopkeepers and unqualified practitioners.

Genesis HealthCare is a provider of short-term post-acute, rehabilitation, skilled nursing and long-term care services. As of January 2017, Genesis operates approximately 500 skilled nursing centers and assisted/senior living residences in 34 states across the United States. Genesis also supplies rehabilitation therapy to approximately 1,700 healthcare providers in 45 states and the District of Columbia. Genesis has approximately 80,000 employees. Genesis HealthCare is headquartered in Kennett Square, Pennsylvania.

In the United States, Medicare fraud is the claiming of Medicare health care reimbursement to which the claimant is not entitled. There are many different types of Medicare fraud, all of which have the same goal: to collect money from the Medicare program illegitimately.

<span class="mw-page-title-main">Living Beyond Breast Cancer</span> American nonprofit organization

Living Beyond Breast Cancer (LBBC), is a national 501(c)(3) nonprofit organization headquartered in Bala Cynwyd, just outside Philadelphia, Pennsylvania, in the United States. LBBC works with women who have been diagnosed with breast cancer and their caregivers throughout their experience of diagnosis, treatment and recovery. Their goal to be a "high-touch organization" that provides people with information and support of relevance to their personal experience of breast cancer. The organization supports studies of health care that are sensitive to issues of ethnicity, age, sexual orientation, and diagnosis.

<span class="mw-page-title-main">Southern Ohio Medical Center</span> Hospital in Ohio, United States of America

Southern Ohio Medical Center is a 222-bed 501(C)(3) not-for-profit hospital in Portsmouth, Ohio. It provides emergency and surgical care, as well as a wide range of other health care services. SOMC employs 2,600 full-time employees and part-time employees, has a medical staff of more than 140 physicians and specialists, and is supported by approximately 800 regular volunteers. In 2020, Fortune magazine ranked Southern Ohio Medical Center at number 22 of their Fortune List of the Top 100 Companies to Work For based on an employee survey of satisfaction.

<span class="mw-page-title-main">The London Clinic</span> Private hospital in London

The London Clinic is a private healthcare organisation and registered charity based on the corner of Devonshire Place and Marylebone Road in central London. According to HealthInvestor, it is one of England's largest private hospitals.

<span class="mw-page-title-main">Medline Industries</span> American healthcare company

Medline Industries, LP is a private American healthcare company headquartered in Northfield, Illinois. In June, 2021 it was acquired by a consortium of private equity firms Blackstone, Carlyle and Hellman & Friedman valuing the company at $34 billion in one of the largest leveraged buyouts of all time. It is the nation's largest privately held manufacturer and distributor of medical supplies providing products, education, clinical programs and services across the continuum of care with operations in over 125 countries.

<span class="mw-page-title-main">Gujarat Cancer Research Institute</span> Hospital in Gujarat, India

Gujarat Cancer & Research Institute (GCRI) is a state owned-cancer research institute in Gujarat, India. It was established in 1972. It is one of the 25 government funded Regional Cancer Centres in India.

<span class="mw-page-title-main">Ralph Lauren Corporation</span> American apparel, accessories and luxury goods company

Ralph Lauren Corporation is an American publicly traded fashion company that was founded in 1967 by American fashion designer Ralph Lauren. The company is headquartered in New York City, producing products ranging from the mid-range to the luxury segments. They are known for marketing and distributing products in four categories: apparel, home, accessories, and fragrances. The company's brands include the mid-range Chaps brand, to the sub-premium Lauren Ralph Lauren brand, to the premium Polo Ralph Lauren, Double RL, Ralph Lauren Childrenswear, and Denim & Supply Ralph Lauren brands, up to the full luxury Ralph Lauren Purple Label and Ralph Lauren Collection brands. Ralph Lauren licenses its name and branding to Luxottica for eyewear; L'Oréal for fragrances and cosmetics; Hanesbrands for underwear and sleepwear; O5 Apparel for its Chaps brand; Kohl's and Hollander Sleep Products for bedding; Designers Guild for fabric and wallpaper; and EJ Victor for home furniture.

Shlomo Yehuda Rechnitz is an American businessman and philanthropist. He is the founder of TwinMed and owner of Brius Healthcare Services.

Welltower Inc. is a real estate investment trust that invests in healthcare infrastructure. Based on its 2021 revenue, it ranked 630th on the 2021 Fortune 1000, and is a component of the S&P 500. As of early 2021, the firm had an enterprise value of $50 billion and is the world's largest healthcare real estate investment trust.

<span class="mw-page-title-main">Daniel E. Straus</span>

Daniel E. Straus is an American business executive, entrepreneur, venture capitalist, real estate developer and philanthropist. He is the founder or co-founder of several health care companies such as CareOne LLC, InnovaCare Health, Ascend Home Health, Ascend Concierge Home Care, Ascend Hospice, Partners Pharmacy, The Straus Group, Multicare Companies Inc. He also became vice chairman of the Memphis Grizzlies professional basketball team.

References

  1. "Contact Us", CareOne. Retrieved 15 February 2016.
  2. "CareOne's Father-Daughter Team Makes Philanthropy A Family Affair", Patch Media, 13 June 2017. Retrieved 2 August 2021.
  3. "50 Wealthiest New Jerseyans", InsuranceNewsNet, 23 July 2015. Archived 24 August 2015.
  4. "Our Company History", CareOne. Retrieved 2 August 2021.
  5. "Our Locations", CareOne. Retrieved 3 May 2023.
  6. Straus, Elizabeth. "Here's why N.J.'s largest nursing home company is mandating COVID vaccines for its employees", The Star-Ledger, 2 August 2021. Retrieved 2 August 2021.
  7. "A Different Kind of Care", CareOne. Retrieved 2 August 2021.
  8. Chana, Jas. "CareOne Ball Raises $1.7 Million for Breast Cancer Research", 10 February 2016. Retrieved 15 February 2016.
  9. 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.