SanStone: Our Company History
Founded in 2004, SanStone Health & Rehabilitation sets itself apart from others with demonstrable, measurable outcomes, innovative techniques for delivery of care, and environments unlike the traditional skilled nursing atmosphere. It began when two health care providers, each having notable careers in long-term care, branched out to operate a long-term care and rehabilitation company in North Carolina their own way. By doing so, they created a new standard of care.
Originally named Ardent Health & Rehabilitation, SanStone Health & Rehabilitation is committed to providing professional and compassionate environments where people can live and rehabilitate. With this as our foundation, we offer purpose-filled employment opportunities in friendly settings across North Carolina.
Christopher Sprenger and Michael DeLoach formed the company in 2004 and began operations January 1, 2005 with Beystone Health & Rehabilitation, now known as The Lodge at Mills River. SanStone operated Beystone in a partnership with Fletcher Academy, Inc. a private organization with several entities. We purchased the center after operating it for almost 10 years and built a new center in Mills River. The second facility was Sanford Health & Rehabilitation, a partnership with the Ammons family in Sanford, NC. We began operations June 1, 2005.
Mike worked as the Owner/Administrator at Beystone, and Chris as the Owner/Administrator at Sanford. For several years, they developed programs and worked hard to prove themselves. Chris worked the weekends, paying bills and writing paychecks in his attic during those first formidable years. Soon enough, we gained enough momentum and gravitas, and built up our reputation as a quality provider.
We put offers on two unrelated projects and were awarded on August 1, 2008 — Oak Forest Health and Rehabilitation and Hendersonville Health and Rehabilitation. Oak Forest is a 170-bed facility we operated in partnership with Wake Forest Baptist Health in Winston-Salem. Hendersonville was purchased from Pardee Hospital in Hendersonville.
2014 was a busy year, as we acquired Anson Health and Rehabilitation from Carolinas Medical Center and South Village Health and Rehabilitation in Rocky Mount. South Village will be rebuilt and relocated by 2019 to The Lodge at Rocky Mount.
Hickory Falls Health and Rehabilitation of Granite Falls, NC was acquired in 2015.
In January 2016, we are acquired Elizabeth City Health & Rehabilitation from the Adventist system. This is a 146-bed facility, and we plan to add 24 private short-term rehabilitation beds in 2019.
2017 was SanStone’s most aggressive year of growth. We acquired four centers: Carolina Care Health and Rehabilitation, in Cherryville; Village Green Health and Rehabilitation, in Fayetteville; Ashton Health and Rehabilitation and Camden Health and Rehabilitation, both in Greensboro. In 2018, co-founder/owner Mike DeLoach decided to sell his interest in SanStone to partner Christopher Sprenger and pursue other personal and professional aspirations. Consequently, SanStone elected to commit to organizational restructuring and delay any additional growth in 2018.
We continue to explore additional growth opportunities for SanStone. Not all interests are congruent with our geographical footprint, culture, operational philosophy or transitional timing. Those that are will be highly considered and hopefully allow us to expand our quality of care and organizational expertise to additional centers in and around North Carolina.