The Carlyle Group Issues “Patients First” Pledge as Purchase of Nursing Home Company Manor Care Nears Completion

Washington, DC – Global private equity firm The Carlyle Group today issued a “Patients First” pledge, an affirmation of its commitment to quality care at nursing home company Manor Care, which Carlyle is in the final stages of buying. Manor Care shareholders have approved the take-private transaction, and the purchase is on track to close by the end of November.

The pledge, issued by Karen H. Bechtel, Carlyle Managing Director and Head of the Health Care team, and Stephen L. Guillard, Chief Operating Officer of Manor Care, emphasizes education and training of caregivers; staffing levels that help ensure proper clinical care is given; providing necessary capital investment to maintain state-of-the art facilities and technology; and meeting federal and state requirements.

Ms. Bechtel said, “Meeting the care needs of Manor Care’s patients and residents is our top priority. Manor Care is poised to become an even stronger health care provider under Carlyle’s ownership. We pledge to build upon Manor Care’s reputation for quality by providing the resources to strengthen Manor Care’s capabilities in serving its patients and residents.”

Ms. Bechtel added, “This pledge is consistent with our values as a company and our belief that by supporting Manor Care’s vision to provide the highest quality in health care services, we will maximize long-term value for our investors.”

The Patients First pledge was recently issued to state regulators as they conduct required reviews of Carlyle’s purchase of Manor Care.

* * * * *

Patients First Pledge

1) We will continue to provide quality health care services for our patients and residents.

2) We will continue to provide the education and training to help ensure our professional staff and frontline caregivers have the tools to meet the needs of our patients and residents.

3) We will maintain our primary focus on providing care for patients who require complex medical care and intensive rehabilitation, those whom other providers must often turn away.

4) We will continue to staff based on our patients’ clinical needs, many of whom are higher-acuity, while striving to exceed all federal and state requirements.

5) We will provide the capital investment that helps ensure Manor Care’s facilities continue to be well-maintained, attractive structures, as well as state-of-the-art in their rehabilitation capabilities, clinical technology and record keeping.

# # #