Little Snake River Valley – Assisted Care Facility in Baggs, WY, plans to expand medical services, clinic staff, affordable housing for seniors, and home health opportunities through financial partnership long-term agreement concluded last week with Ethos Asset Management.
San Diego-based Ethos said it has committed to providing capital for several years. The financial partnership is specifically aimed at helping residents with increased medical needs to stay in the rural area where their lifelong friends and family live.
“Our community is small but has many members who have worked hard over the years to ensure its success,” said Paul Prestrud, president of the the institution’s board of directors, said in a statement. “Adding this facility to our community will benefit residents young and old, and help ensure that many of the founding members of our community who laid the foundation for its success can remain an active part of our community as they age.”
The additional capital, Prestrud added, will provide seniors’ apartments, additional clinic expansion space “and an increased overall focus on wellness in our community.”
On-site full-service clinics are beginning to spread, especially in rural areas. In Ohio, for example, Springfield Masonic Community and Dayton-based Premier Health officially began operating the Senior Community Campus Clinic on April 4, with services ranging from routine primary care to situations acute care, such as skin tears.
“We have been so impressed with the hard work and dedication of the entire team that provides care and community stability to so many seniors,” Ethos Asset Management CEO Carlos Santos said of Little Snake. River Valley – Assisted Care Facility.