CareOne LLC

CareOne LLC is a network of approximately 60 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.[3]

CareOne LLC
TypePrivate
IndustryHealth care
Founded1999
HeadquartersFort 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]
ServicesPost-acute skilled nursing and assisted living facilities
Number of employees
15,000
Websitewww.care-one.com

History

CareOne LLC was founded by Daniel E. Straus in 1999.[4] Strauss became involved in the healthcare industry through leading Multicare Companies, Inc., a group of assisted living facilities in New Jersey. Multicare was purchased by Genesis Health Ventures, Inc. in 1997.[5]

Overview

CareOne LLC has approximately 60 nursing and assisted living centers in the US across several northeastern states. Approximately 30 facilities are located in New Jersey,[4] making it the largest assisted living company in the state (according to the National Investment Center for Seniors Housing & Care). 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. "CareOne LLC About". Retrieved 15 February 2016.
  3. Bloomberg Company Profile. "Company Overview of CareOne LLC". Retrieved 15 February 2016.
  4. Roumeliotis, Greg; Oran, Olivia. "Exclusive: CareOne explores $2 billion real estate asset sale – sources". Reuters, 30 June 2014. Retrieved 15 February 2016.
  5. Newswire from InsuranceNewsNet.com. "50 Wealthiest New Jerseyans", 23 July 2015. Retrieved 25 January 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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