ResCare Community Living

ResCare Community Living is a US-based organization providing essential community living services for individuals with intellectual and developmental disabilities, enhancing their independence and integration into society. Founded in 1967 and headquartered in Louisville, US, ResCare Community Living specializes in community living services. The company is involved in a Corporate Carve Out and a Trade Sale, with the most recent deal occurring on January 17, 2025, when Sevita acquired ResCare for USD 835. 00 mn.

Previously, ResCare has engaged in one deal, but details about any shifts in business strategy or other affiliations are not available. ResCare Community Living offers a comprehensive range of services for individuals with intellectual and developmental disabilities, including Home & Community-Based Services, Adult Foster Care, Group Homes, Intermediate Care Facilities, Supported Employment and Job Placement, Periodic and Supported Living Services, and Day Programs & Activities. Approximately 2,000 residential homes support clients, focusing on enhancing their quality of life and community integration, providing over 100 million hours of service annually. The revenue model at ResCare Community Living is based on delivering essential care services through service contracts, which include Medicaid reimbursements, private insurance payments, and direct client fees.

The organization emphasizes adherence to regulatory standards while ensuring the delivery of high-quality care, thus establishing sustainable revenue streams from its extensive service offerings. In January 2025, Sevita's acquisition of ResCare Community Living for USD 835. 00 mn will support the expansion of Sevita's specialty healthcare services, accelerating their growth strategy. Plans for future growth include the development of new service offerings and potential geographic expansions, with specific targeted regions and timelines to be determined as the acquisition progresses.