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Silvercare Nursing and Rehabilitation Facility
SUCCESS STORIES
SBA EASTERN PA - MINORITY-OWNED SMALL BUSINESS OF 2022
“When the Silvercare project is completed, it will drastically improve the surrounding neighborhood, bring increased economic opportunities, improve quality of life for patients, and provide much needed quality care to our local community. We are honored by SBA’s award, and we are thankful for the guidance and support received from Widener SBDC.”
-Dr. Li and Dr. Wang
SBA’s Eastern Pennsylvania Minority-Owned Small Business of the Year award winner is selected annually from among nominees located across the 40 counties of eastern Pennsylvania.
Today Silvercare Medical Campus’s urgent care clinic is open, the adult daycare center is operational and soon there will be a restaurant and coffee shop within the complex. During the pandemic, SBA’s COVID Economic Injury Disaster Loan funded staffing to provide pop-up vaccine clinics at Chester City Hall, local churches, and senior apartment buildings to give shots to the medically underserved populations. Dr. Li and Dr. Wang also donated PPE to the City of Chester amid the pandemic when the city was in need.
“It’s a privilege to recognize the achievements of leading minority-owned Pennsylvania small businesses like Everest Medical Care Group,” said Steve Dixel, SBA Eastern Pennsylvania District Director. “Dr. Li and Dr. Wang are the true definition of spirited entrepreneurs who have created an impact in their local underserved and minority communities. SBA is proud of the role that Widener University Small Business Development Center played in helping Everest Medical Care Group purchase and renovate their newest facility in Chester, Silvercare Medical Campus.”
Read more about Everest Medical Group, and see more pictures of their award ceremony below!
REDEVELOPMENT PROJECT IN CHESTER CITY
“As a small family owned business, we need assistance with mostly everything.”
-Dr. Li (right) and Dr. Wang (left)
As owners of Silvercare Adult Daycare, LLC, and Everest Medical Care, LLC in Upper Darby, Pennsylvania, Dr. Li and Dr. Wang have created the Silvercare Nursing and Rehabilitation Facility to serve people who have lower incomes or struggle with language barriers, and can’t or don’t know where to find the healthcare that they have a right to. Creating the name of “Silvercare Campus,” was to gear this center towards the seniors in the community, and others who need various services, not just simple doctor visits.
Across five different buildings, and over 300 thousand square feet, this 42 million dollar project will create a campus that will lead to the creation of 300 high-paying jobs in our community. The end-goal: to provide the best healthcare for our community’s seniors and patients, while also providing a boost to Chester City’s tough economic situation. To best create this campus, Dr. Li and Dr. Wang are opening in phases. Thus far, phase one has been completed, and is providing urgent care in Chester City. The urgent care facility is estimated to serve 20 to 40 thousand people every year, alone.
Following their successful experiences in Upper Darby, they plan on expanding significantly within the next four phases. Some of those expansions will include the creation of 200 long-term senior care units, 100 apartment units, 1000 drug and alcohol rehabilitation units, and many other healthcare and general accommodations. Dr. Li and Dr. Wang understand that Chester City, as an Act 47 community, deserves to have access to better health care, and they hope that their Silvercare Campus will do just that.
After attending the “Engage!” Program, the Widener University SBDC’s Center of Excellence for Health and Life Sciences leaped into action. We began
by acquiring valuable market research, financial feasibility analyses, and information to best understand economic programs like LERTA, Chester City’s CDBG program, and local zoning processes. We also introduced them to various lenders, and guided them in applying for New Market Tax Credits and commercial loans needed to acquire and redevelop the property. With that assistance, Dr. Li and Dr. Wang were able to purchase the site
and obtain a bridge loan from the Community First Fund. That funding and the completion of phase one, has already provided top level healthcare for tens of thousands of people, and Dr. Li and Dr. Wang’s next four phases will help provided for tens of thousands more.
BUSINESS LOCATION
2600 W. 9TH STREET CHESTER, PA 19013
