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Keiro and Pacifica Finalize Sale of Four Senior Healthcare Facilities

Posted February 8, 2016

Partnership with Operators and Community Ensures Continuity of Care for Seniors

Los Angeles, CA – Keiro and Pacifica today announced the close of escrow of Keiro’s four senior healthcare facilities, Keiro Nursing Home, South Bay Keiro Nursing Home, Keiro Intermediate Care Facility, and Keiro Retirement Home to Pacifica Companies, LLC. The new owner has leased the management and operation of the facilities to Aspen Skilled Healthcare, Inc. and Northstar Senior Living, Inc.

“After many years of thoughtful consideration, Keiro made the difficult decision to sell its facilities to ensure the best quality of care and services are available to our community,” said Gary Kawaguchi, Chairman of the Board of Keiro. “Continuity of care for our residents is our highest priority during this transition.”

Keiro is exploring opportunities to collaborate with the new owner and operators to help ensure continuity of programs and services that benefit seniors and serve the specific needs of the Japanese and Japanese American residents. Our hope is to work together to strengthen the health and well-being of seniors by combining Keiro’s culturally sensitive programs with the stability of Pacifica, Aspen and Northstar’s direct health care services.

“We are pleased that the sale of Keiro’s facilities has moved forward as planned.  Although we know that there are strong feelings on both sides of this issue, we look forward to working with the community to continue and expand upon our history of care for our elders,” said Kawaguchi. “We believe the sale is in the best interest of Japanese American and Japanese seniors, and we are committed to working with the new owners to provide consistency for residents, families and volunteers by continuing many of the cultural and educational programs that are valued by the residents.”

A Community Advisory Board (CAB) has been established to support the new operators and ensure continuity during and after the transition. The CAB is primarily composed of members from the community representing residents, families and the supporting community, including both English and Japanese-speaking segments.

Keiro’s mission remains the same: to enhance the quality of senior life in Our Community. The organization will continue to serve as an ongoing resource by providing high quality, high impact, and culturally sensitive support to older adults and their families, and future programs will be designed to meet the evolving needs of older adults in the Japanese American and Japanese community.

Community participation during this transition will make certain the facilities’ new programs are culturally relevant, effective, and meet the needs of Our Community.

“I hope that members of the community stay actively involved in the discussion about how we care for older adults,” said Kawaguchi. “I am glad that our community has become so engaged in what Keiro means. We anticipate these discussions will result in plans and actions that positively impact how we support the needs of our community’s older adults.”