Parker Acquires The Margaret McLaughlin McCarrick Care Center
Photo Caption: (from left) Chip Ross, Maria Campilonga, Janet Patullo, Jim Zauner, Roberto Muñiz, Donna Lazartic, Donna Silbert, and John Cerminaro. Photo by Kailin Bouse.
HIGHLAND PARK, NJ — The Francis E. Parker Memorial Home, Inc. (Parker) and The Margaret McLaughlin McCarrick Care Center, Inc. (McCarrick) of Somerset, New Jersey, a member of the Saint Peter’s Healthcare System, announced today that Parker has acquired McCarrick’s 120 bed post-acute rehabilitation and nursing home, to be operated by a new Parker affiliate with the name Parker at McCarrick, Inc. The acquisition of the home will enable Parker to build on McCarrick’s long-standing reputation of providing high quality and compassionate long-term care and services.
“We are delighted that McCarrick is now part of the Parker family,” said Roberto Muñiz, President and CEO of Parker. “The addition of their high quality skilled nursing care and post-acute rehabilitation to our continuum of care enhances our vision of expanding services for more seniors in Central New Jersey,” Muñiz added.
“This acquisition will leverage the strengths of two excellent, mission-based organizations to continue a tradition of providing compassionate care services to the community,” said Ronald C. Rak, J.D., CEO of Saint Peter’s Healthcare System. “We have a long history of successful collaboration, which will help to ensure a seamless integration of the McCarrick Care Center into the Parker organization.”
Parker at McCarrick is a welcome addition to the not-for-profit organization’s skilled nursing residences: Parker at Landing Lane in New Brunswick, Parker at Monroe in Monroe Township, and Parker at River Road in Piscataway. Parker at Stonegate, an assisted living residence in Highland Park, which is also the location for the Center for Healthy Aging and Parker’s Adult Day Center.
“We have the utmost confidence that this transaction represents an excellent strategic fit,” said Clifford Holland, Chairman of the Parker Board of Trustees. “This acquisition will allow us to further our vision of providing outstanding quality across the spectrum of aging services.”
“Parker, an organization that shares the same values, was the ideal organization to acquire McCarrick,” said Vincent Dicks, Chairman of the Saint Peter’s Healthcare System Board of Governors. “I have no doubt that under Parker’s leadership, the McCarrick Care Center will consistently provide the highest quality of person-directed long-term care for individuals in need in our community.”
Posted on February 01, 2016