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Ignite Medical Resorts continues growth trajectory with Indiana acquisition

June 04, 2024 KATHLEEN STEELE GAIVIN
Symphony of Chesterton

Chicago-based Ignite Medical Resorts is expanding once again with the acquisition of the former Symphony of Chesterton in Chesterton, IN.

The operator specializes in short-term rehabilitation and skilled nursing conducted in a concierge-like environment the company calls LuxeRehab. Services include clinical programming for orthopedics, stroke, cardiac and respiratory care. Its therapists are all employed in-house.

Symphony of Chesterton, which is being renamed Ignite Medical Resort Chesterton, is the company’s third property in Indiana. Other Hoosier State locations are in Dyer and Crown Point.

“We’re excited to bring LuxeRehab to Chesterton and to the greater Valparaiso area and to grow in Indiana our vision of offering top-tier hospitality and care to our guests and an unmatched culture for our employees,” Ignite Medical Resorts CEO and co-founder Tim Fields said in a statement. “We look forward to working with the Chesterton team to make this resort the preferred place to go after a hospital stay or surgical procedure and the preferred place to work.”

In addition to the Indiana properties, the company operates 19 other locations in Illinois, Kansas, Missouri, Oklahoma and Texas. Ignite employs more than 3,500 people.

In April, Ignite boosted its footprint in Texas via a $12.7 million joint venture with LTC Properties that enabled the operator to purchase a skilled nursing and assisted living campus in Katy, TX, as part of an unconsolidated joint venture with the real estate investment trust.

This past fall, Ignite expanded into its sixth state when it began operating the two Northwest Indiana SNFs owned by Sabra Health Care REIT. Sabra first worked with Ignite on a three-building deal in Oklahoma in January 2020 and later tacked on an assisted living community to that package. The REIT’s portfolio as of Dec. 31 included five Ignite Medical Resorts and the Luxe Life Norman senior living and memory care community in Norman, OK, where one of the medical resorts is located.

“Our goal is to help our guests quickly get their spark back and return home to their loved ones,” Fields said in Monday’s press release. “We look forward to bringing our enhanced environment of engaged employee culture, a hospitality-centered focus and superior rehabilitative nursing and therapy care to Chesterton, IN.
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Ignite Medical Resorts ® is a service mark owned by an Illinois Corporation (“Registrant”), but used by a group of limited liability companies and corporations. The Registrant provides consulting and marketing services and does not own, operate, manage or control the operations of any of the individual facilities. Each Ignite Medical Resorts facility ® is independently owned and operated. Not all services, programs and amenities mentioned herein are available at each Ignite Medical Resorts ® location.