1611 West Lakes Parkway Des Moines, IA 50266
Created in 1989, Care Initiatives, a non-profit corporation, owns and operates 44 skilled nursing care locations and eight assisted living locations throughout Iowa. Care serves the special needs of nearly 2,800 elderly adults and is the largest single operator of nursing homes in Iowa. All of Care’s facilities provide 24-hour professional nursing care in addition to regular medical, nursing, social and rehabilitative services.
Wye River has served as financial advisor to Care Initiatives since 2006. We provide Care Initiatives with strategic planning and advisory services and have facilitated six financing transactions totaling $190 million, The proceeds of those transactions have been used to fund (1) improvements to existing facilities, (2) the acquisition or construction of new facilities and (3) the refinancing of outstanding debt for savings.
Throughout Wye River Group’s ongoing engagement, we have been fortunate to provide a wide range of services to Care Initiatives, including:
