Blueprint strategically presented the offering to in-state providers eager to grow their existing operating platforms. In light of new competition entering the local market, Blueprint highlighted the facility’s newly-remodeled, 26-bed memory care wing, along with a recent substantial Medicaid rate increase.These meaningful revenue-driving, value-add opportunities were emphasized in projections that the market largely deemed defendable and achievable in the short run.
Blueprint’s tailored marketing approach generated an exceptionally compelling offer from Accordius Health, who was selected as the purchaser. Accordius worked expeditiously through the transaction culminating in a seamless operational transition. Both the timing of the transaction closing and the sale proceeds were right on target with respect to Blueprint’s initial guidance to its client.
The transaction was orchestrated by Michael Segal and Ben Firestone.