Word: mediplex
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Dates: during 1987-1987
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Unlike San Antonio Gardens, many life-care communities belong to large chains. The biggest provider is Life Care Services of Des Moines, a subsidiary of Weitz Corp., which has managed or developed more than 50 communities nationwide. The Mediplex Group, owned by Avon, has 19 facilities either completed or in the works, largely in California, Arizona and Pennsylvania. Marriott, which is best known for its hotels, has invested $150 million in three projects now under way in Haverford, Pa., Fort Belvoir, Va., and San Ramon, Calif. The company plans to build six more life-care communities by the early 1990s...
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