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Genworth Financial, Inc. (NYSE: GNW) acquires National Elder Care Referral Systems, Inc.



31-Aug-2010


Genworth Financial, Inc. (NYSE: GNW), an international financial services organization, has acquired National Elder Care Referral Systems, Inc., also known as CareScout. CareScout is a leading provider of long term care support services in the United States.

CareScout is a privately held firm headquartered in Wellesley, Massachusetts, and a Genworth vendor for the past 10 years. The company is dedicated to helping Americans make informed, intelligent eldercare decisions. CareScout has connected thousands of families to appropriate providers through their extensive data on nursing homes, assisted living facilities and home care agencies.

In addition to their proprietary facility rating system, CareScout delivers decision-making tools and care coordination services including in-home assessments, plan of care development and ongoing care coordination to ensure consumers receive appropriate care and services as their needs change.

Scott-Macon’s Healthcare Group acted as exclusive financial advisor to CareScout in this transaction.