Evergreen Healthcare has announced that is has completed the transition of the company from a privately owned organization into a 100% owned venture through an Employee Stock Ownership Plan (ESOP) Trust.
“We feel that this is the highest benefit we can provide for our devoted employees who, we hope, will have long, fulfilling careers with Evergreen Healthcare,” said Anne Nipp, CEO of EHC Management, L.L.C. “By offering this ESOP to our employees, we are doing our part to support hard working healthcare professionals in these challenging economic times, and simultaneously better serve our residents and their families by retaining highly skilled care givers.”
Evergreen Healthcare and its affiliates have been privately owned and operated since 1997. The company’s founder, Andy Martini, had the vision to grow a responsible company that, at its heart, had core values and strong, stable management personnel and practices dedicated to providing quality services to the elderly.
The transfer of ownership to those who have helped build the company enables the company to make a seamless transition, with the same people and systems in place. Minimized disruption will assure ongoing continuity and quality for its residents and their families.
(Source) Press
Incoming search terms for the article:
