In the Pipeline is part of your SHN+ subscription In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards, an annual competition that recognizes cutting-edge design, excellence, and innovation in senior living. Construction: Planned New community announced in Georgia Paradigm Senior Living recently announced The Timberley, a new senior […]
Sanford Health
Brett Anderson is now CEO and President of Ebenezer, with his first day slated for next month. Anderson’s hire comes on the heels of the announcement that Jon Lundberg, CEO and president of Ebenezer and Fairview Senior Services, is retiring. Lundberg, who has served as CEO since 2017, is stepping down from his role in […]
The combination of Fairview Health Services and Sanford Health will not go forward as planned. Sanford Health announced on July 27 that it was discontinuing its merger process with Fairview Health Services. The merger, announced late last year, would have potentially led to the combination of Evangelical Lutheran Good Samaritan Society and Ebenezer, two of […]
Hospital systems across the United States are pursuing strategy shifts that are starting to reshape senior living market dynamics and suggest new operating models. Health system ProMedica shed nearly all of its skilled nursing facilities while holding onto its private-pay memory care portfolio, in a recently announced deal involving Welltower (NYSE: WELL). And about two […]
Sanford Health, the parent organization behind senior living operator Evangelical Lutheran Good Samaritan Society; and Fairview Health which has Ebenezer under its umbrella, are seeking to join forces. The two organizations have signed a non-binding letter of intent to join forces and create a new health system in the process. The nonprofits plan to remain […]
Randy Bury, the CEO of the Evangelical Lutheran Good Samaritan Society, describes himself as an optimist, and he is hopeful heading into 2021. But on the question of how quickly occupancy will bounce back in senior living, he is blunt about his doubts. “I don’t think our spigot is going to just open up again […]
After affiliating with Sanford Health in 2019, the Evangelical Good Samaritan Society entered 2020 on stable footing and with access to ample financial resources as part of a larger health system. This improved financial position and the flexibility it brings is being put to the test during the Sioux Falls, North Dakota-based nonprofit provider response […]
Since closing on their affiliation to start 2019, the Evangelical Lutheran Good Samaritan Society and Sanford Health have pursued a three-part strategy to realize the benefits of combining and achieve long-term success. Under financial pressure, the Good Samaritan Society laid off 100 people at its Sioux Falls, South Dakota national campus in 2017. Thanks to […]
Just months after announcing plans to join forces with one of the largest non-profit senior living providers in the U.S., non-profit hospital system Sanford Health is reportedly considering yet another mega-merger. This time, Sioux Falls, South Dakota-based Sanford could soon announce a merger with a $1 billion health system based in Chicago, said CEO Kelby Krabbenhoft according […]
Evangelical Lutheran Good Samaritan Society, one of the largest non-profit senior living providers in the U.S., is joining forces with non-profit health system Sanford—the latest in a series of integrations between major health systems and senior care providers. Good Samaritan and Sanford signed an affiliation agreement on Tuesday. Under that agreement, the two organizations would […]
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