As founder of Acacia, Rick continues carrying on his passion for providing healthcare options that cost-efficiently improve the lives for the ever-growing senior population in the United States. Rick is an experienced Chairman/CEO/President, creating, building, and managing profitable, high-growth, focused, private/public, post-acute healthcare service businesses. He has successfully led two companies through their IPOs and one secondary offering, before selling both to larger, publicly traded companies. He has conceived, created and led several highly successful start-ups, such as Karrington Health, Inc., InterMed, Inc. and DevelopMed, Inc. Rick is also a founder and former leader of two national healthcare trade associations, Ohio Assisted Living Association (OALA), and Assisted Living Federation of America (ALFA), as well as a former Board member of the National Hospice and Palliative Care Organization (NHPCO). He received both his undergraduate and law degrees from the University of Notre Dame.
Rick’s comments on Acacia Living: "For the past 30 years, I have had the privilege of working in the Senior care field, with a commiment to improving and enriching the lives of Seniors and their families. It has been an exciting, entrepreneurial journey that has allowed me to work creatively to find new solutions to old problems while working collaboratively with many of the leading experts in the field to build and launch new organizations.
Early on, as the owner of a skilled nursing facility, it became apparent that there was a need for an alternative level of services for those seniors who might not be able to live independently but did not require the full services of a skilled nursing facility. With that vision, I launched Karrington Communities, one of the first public companies to focus solely on assisted living. During that time, I had the privilege of working with others to found the Assisted Living Federation of America (ALFA), and serving as this organization's second Chairman.
Subsequently, as CEO of VistaCare Hospice, I successfully led the public offering of the company and came to fully understand the approach and benefits of hospice as a philosophy of care. The experience of working with the VistaCare Hospice team and the families we served galvanized my commitment to serving the "whole" senior as well as their network of family and friends. While Hospice has been at the forefront of supporting the senior and their families, it became clear to me that Hospice's vision of supportive relationship could be expanded to dramatically improve the lives of seniors, not just in their final days, but throughout the aging journey.
Acacia Living is in many ways the culmination of these years of experience that came before - from providing care in nursing homes, to building and managing assisted living and dementia residences, to delivering services and hope to home care and hospice patients. I have been blessed to personally experience both the joys and the pains that accompany the aging process.
Acacia Living represents a vision of empowered, positive aging that I believe values each person's individuality, desire for independence, need for relationship, and the right to dignity and is the next step in my lifelong commitment to changing the face of aging around the world."