THE STANDISH CARE COMPANY AWARDED CONTRACT RENEWAL FOR DEARBORN, MICH., SENIOR LIVING COMMUNITY
THE STANDISH CARE COMPANY AWARDED CONTRACT RENEWAL FOR
DEARBORN, MICH., SENIOR LIVING COMMUNITY
BOSTON, Nov. 10 /PRNewswire/ -- The Standish Care Company, Inc. (NASDAQ: STAN) today announced that it has been awarded a follow-on contract with Oakwood Health Promotions, a subsidiary of Oakwood Health Services Corporation, to continue providing sales and marketing management services for the Dearborn, Mich., senior living community known as Oakbrook Common.
Oakbrook Common is comprised of a 200 bed nursing home, 240 independent living units (90 of which are under construction), and 60 assisted living units (30 of which are currently being completed). The sales and marketing services contract with Standish Care, initially signed in March of 1992, will now extend through 1993.
Oakwood Health Services Corporation, located in Dearborn, operates a 1,900 bed hospital system.
Standish Care is a leading operator in the healthcare industry's fast-growing assisted living sector -- a service-intensive form of housing for frail but functional seniors.
The company currently has contracts to provide services in Houston; Dearborn; Chalfont, Pa.; Dover, Pa.; Gainesville and Destin, Fla.; and Providence, R.I.
/CONTACT: Michael J. Doyle, president of The Standish Care Company, 617-266-5555, or Lory Roston, president of Lory Roston Associates, 212-877-8590, for The Standish Care Company/
(STAN) CO: Standish Care Company, Inc. ST: Massachusetts IN: HEA SU: CON
TS-PS -- NY042 -- 9201 11/10/92 10:37 EST