** Extendicare Cedars Villa **
Extendicare Cedars Villa is located in Calgary within the scenic community of Spruce Cliff, just north of the Shaganappi Golf Course on four beautifully landscaped acres. Our single-story home is warm and personal with a country feel. Residents enjoy an abundance of natural sunshine within our six lush, green courtyards filled with various trees, shrubs and flowers.
Our goal is to provide high quality care and services to you or your loved one in a warm, comfortable, relaxed environment that you will think of as home.
History Of Extendicare - Cedars Villa
1968 – Business incorporated with a federal charter under the name Pendexcare Ltd. to operate as a supplier of long-term care services in Canada with an aim of helping to relieve an overburdened hospital system.
1968 – Pendexcare changes its name to Extendicare (Canada) Ltd. near the end of the year.
1969 – Extendicare purchases its first nursing home in Ottawa, Ontario, and begins construction on four facilities in the province.
1974 – Extendicare (Canada) Ltd. changes its name to Extendicare Ltd.
1975 – Extendicare launches ParaMed Home Health Care – now one of Canada’s largest home care providers.
1976 – Extendicare expands into the United States with the acquisition of Medco Centers, Inc., a nursing home operator with 25 locations in Indiana and Kentucky.
1980 – Extendicare expands into financial, insurance and other services through the acquisition of interest in Crown Life Insurance Company.
1983 – Extendicare Ltd. changes its name to Crownx Inc.
1994 – Crownx Inc. embarks on a five-year construction program to diversify its U.S. operations by building assisted living facilities on sites adjacent to its existing nursing facilities to create a campus-style approach to delivering senior care. Over the next five years, the number of assisted living facilities in operation increases to 45.
1996 – Crownx Inc. changes its name to Extendicare Inc.
1997 – Extendicare refocuses on its long-term care businesses and announces intention to sell its 32.2% equity interest in Crown Life (entered into sale agreement in 1998 that closed in 2007) and also sells other non-core assets.
1997 – Extendicare acquires Arbor Health Care Company, an operator of 31 nursing facilities in five U.S. states, also with an institutional pharmacy business and outpatient rehabilitation clinics in two states. The pharmacy business is subsequently sold.
2001 – Extendicare is awarded licenses to construct 11 new facilities, plus an additional five facilities through partnerships with public sector hospitals, as part of a strategic decision by the Province of Ontario to significantly increase nursing home beds in the province.
2005 – Extendicare acquires Assisted Living Concepts, Inc. (ALC), which adds 177 assisted living facilities in the United States.
2006 - Extendicare completes a Plan of Arrangement (the Arrangement) that results in Extendicare being converted to a Canadian real estate investment trust, Extendicare Real Estate Investments Trust (Extendicare REIT). As part of the Arrangement, ALC is distributed to Extendicare REIT unitholders with its shares (symbol: ALC) listed on the New York Stock Exchange. Through its subsidiary operating entities, Extendicare REIT owns and continues to operate the U.S. and Canadian nursing home businesses, a smaller number of assisted living homes and related businesses of Extendicare and holds Extendicare’s investment in Crown Life (the sale of which had been pending since 1997).
2007 - In July, Extendicare completes the sale of an approximate 35% equity interest in Crown Life.
2007 - In October, Extendicare acquires Tendercare (Michigan) Inc. and related entities, adding 30 senior care facilities, involving approximately 3,300 beds, and two development projects in the State of Michigan to its U.S. portfolio.
