Life Enriching Communities Expands Services Through Affiliation
Loveland, Ohio –Senior living and services organization Life Enriching Communities (LEC) expects to affiliate with Westlake, OH based Lutheran Home at Concord Reserve (LHCR) by the 2nd Quarter of 2020, upon completion of certain conditions.
LEC and Concord Reserve have for several months been in discussions regarding an affiliation and previously entered into a Consulting Agreement pursuant to which LEC has provided financial support to LHCR while it further explored the possibility of affiliation. Both boards and the 32 Lutheran Congregations which are members of LHCR have approved the arrangement in which LHCR becomes an affiliate of LEC reporting up through its organizational structure.
LHCR has an 88 year history of providing assisted living, memory care and nursing care services in the city of Westlake. In addition, 80 independent living apartments are being added to the campus with expected occupancy beginning in the second quarter of 2020.
“Single entity senior services organizations are rapidly affiliating with others of the same likeness. LHCR, has been fortunate to identify another faith-based not-for-profit provider of services with a culture and core-values that will continue our rich history of mission and ministry,” says LHCR CEO, Charles Rinne. “Together, Life Enriching
Communities and Lutheran Home at Concord Reserve will have the critical mass to effectively absorb the ongoing changes in the healthcare landscape of today and the future.”
One hundred-twenty year old Life Enriching Communities serves over 1800 people in the greater Cincinnati area through the Twin Towers (Cincinnati)and Twin Lakes (Montgomery) senior living communities – offering accommodations for independent lifestyle, assisted living memory care services, rehabilitative therapies and nursing care, the Life Enriching Communities Foundation and Confident Living, a continuing care at home program. The organization employs 550 individuals.
“One of our strategic initiatives over the last several years has been to pursue affiliations and partnerships within the senior living sector,” says Scott McQuinn, President & CEO of LEC. “The senior living landscape has been and will continue to see significant consolidation. Some of the pressures in the market that are driving this consolidation are the complexities of health care, competition, ability to attract and retain talent, technology, and financial capacity. We are looking forward to helping continue LHCR’s high quality mission.”
LEC, located at 6279 Tri-Ridge Blvd., Suite 320, Loveland, Ohio is a private, not-for-profit corporation affiliated with the West Ohio Conference of the United Methodist Church and welcomes people of all faiths. Contact Connie Kingsbury, Vice President of Marketing & Public Relations, for more information (513.702.0053; firstname.lastname@example.org).