Cascadia Healthcare grew leaps and bounds in just one transaction announcement: its acquisition of three skilled nursing facilities in Idaho (2) and Montana. Since its start in 2015, Cascadia had been in operation at one location (a SNF in Boise, Idaho), and has been in the process of developing two transitional care facilities in Boise and Nampa, Idaho, which are expected to open later this year. Now, the company is adding a 117-bed facility in Coeur D’Alene, Idaho, a 60-bed facility in Orofino, Idaho and a 101-bed facility in Libby, Montana, marking its entry into Big Sky Country. Cascadia entered into a triple-net lease agreement with the real estate owner to assume operations of the facilities effective January 1, 2017.
Growth by Northwest
