Emeritus Senior Living Partners with Silverchair Learning Systems
Seattle, WA - Emeritus Corporation (NYSE: ESC), a national provider of assisted living and Alzheimer's care services to seniors, has partnered with Silverchair Learning Systems to implement a comprehensive online training program for its facilities.
"Having a highly trained and knowledgeable staff is a critical part of our senior care philosophy at Emeritus," said Granger Cobb, President and Co-CEO of Emeritus Corporation. "We are pleased to be implementing the Silverchair Learning Management System in order to coordinate and optimize our training procedures across all of our 316 communities."
Silverchair's Learning Management System (LMS) delivers, tracks, and reports on educational programs for a user's entire organization. It provides a complete curriculum of in-service and regulatory courses required by CMS (Centers for Medicare & Medicaid Services) and OSHA (Occupational Safety and Health Administration), as well as important resident care topics that specifically address the needs of senior care providers and their employees. Program users can also customize the system to include material specific to their organizations.
"Emeritus is one of the most well-respected, well-managed senior care organizations in the country," says Mike Mutka, President and COO of Silverchair Learning Systems. "Large organizations like Emeritus recognize the importance of delivering high-quality, cost-effective training across the organization; they prefer to partner with Silverchair Learning rather than spend time and money trying to reinvent the wheel with homegrown programs. We provide a quick, easy, and economical way to ensure standardization in training."
Emeritus will begin rollout of their Silverchair program in June 2010.
Emeritus Corporation is a national provider of assisted living and Alzheimer's and related dementia care services to seniors. Emeritus is one of the largest and most experienced operators of freestanding assisted living communities located throughout the United States. These communities provide a residential housing alternative for senior citizens who need assistance with the activities of daily living, with an emphasis on personal care services, which provides support to the residents in the aging process. Emeritus currently operates 309 communities in 36 states representing capacity for approximately 27,200 units and approximately 32,400 residents. Our common stock is traded on the New York Stock Exchange under the symbol ESC, and our home page can be found on the Internet at www.emeritus.com.
About Silverchair Learning Systems
Silverchair Learning Systems works with senior care leaders who want to improve the training process in their organizations. Silverchair offers a user-friendly online training solution that improves compliance and eliminates record keeping headaches, while saving time and money. We make online training successful with easy set-up, ease of use, simple tracking, and educationally-rich yet fun courses. Using this system provides peace of mind and confidence. www.silverchairlearning.com
Forward Looking Statements
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: A number of the matters and subject areas discussed in this report that are not historical or current facts deal with potential future circumstances, operations, and prospects. The discussion of such matters and subject areas is qualified by the inherent risks and uncertainties surrounding future expectations generally, and also may materially differ from our actual future experience as a result of such factors as: the effects of competition and economic conditions on the occupancy levels in our communities; our ability under current market conditions to maintain and increase our resident charges in accordance with our rate enhancement programs without adversely affecting occupancy levels; increases in interest costs as a result of re-financings; our ability to control community operation expenses, including insurance and utility costs, without adversely affecting the level of occupancy and the level of resident charges; our ability to generate cash flow sufficient to service our debt and other fixed payment requirements; our ability to find sources of financing and capital on satisfactory terms to meet our cash requirements to the extent that they are not met by operation; and uncertainties related to professional liability claims. We have attempted to identify, in context, certain of the factors that we currently believe may cause actual future experience and results to differ from our current expectations regarding the relevant matter or subject area. These and other risks and uncertainties are detailed in our reports filed with the Securities and Exchange Commission, including "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2008.