Ignite Medical Resorts completed the acquisition of two Northwest Indiana skilled nursing facilities Tuesday, swelling its total holdings to 21.
The pick-ups are previous Symphony Care Network facilities in Dyer and Crown Point, IN, far southeastern Chicago suburbs. They both were built approximately eight years ago, when Ignite co-founder and CEO Tim Fields was Symphony’s president.
“They’re both modern buildings and will offer our typical Ignite luxury and rapid rehab services,” Fields told McKnight’s. “They’ll be getting some slight upgrades but are already ready to shine.”
Ignite started easing into the Indiana facilities’ operations several weeks ago, allowing for a smooth, final transition. The expansion adds to the company’s other holdings in Illinois, Kansas, Missouri, Oklahoma, Texas and Wisconsin. The firm has increased the size of its portfolio steadily through a mix of new construction and existing buildings since its founding in 2017 and now employs more than 3,000 people.
Specialized short-term rehab and nursing care conducted in a concierge-like environment the company calls LuxeRehab are Ignite’s calling cards. The firm emphasizes clinical programming for orthopedics, stroke, cardiac and respiratory care. Its therapists all are employed in-house.
“We’re excited to build on the culture and vision of Dyer and Crown Point with the leadership teams, as we share the same vision of offering top-tier hospitality and care to our guests and an unmatched culture for our employees,” Fields said in a statement announcing the transactions Wednesday.
The two newly acquired facilities feature private rooms and have 100 and 68 beds, and currently rate 1 and 4 stars in the Centers for Medicare & Medicaid Services’ Five-Star rating system, respectively.
Fields said that Ignite plans to add clinical and therapeutic advancements, robotics equipment and a LuxeCafe at each location.
“We look forward to bringing our enhanced environment of engaged employee culture, a hospitality-centered focus and superior rehabilitative nursing and therapy care to Indiana,” he said.
