(Chelsea Update would like to thank Stephanie VanKoevering for the information in this story.)
United Methodist Retirement Communities (UMRC) and Porter Hills (PH) announced their plans Tuesday to consider coming together under shared board governance and leadership. This could possibly create a $150 million organization that would serve older Michigan adults in 22 counties across the lower peninsula.
Both PH and UMRC maintain strong quality ratings, with multiple five-star facilities among them. It is currently anticipated the two organizations’ ability to share their widely-recognized best practices, knowledge and financial resources will achieve superior results for older adults and create an even more exciting dynamic in Michigan’s senior living marketplace.
“Both our organizations have agreed to move forward with this process as a means of sharing our knowledge, skills and resources for the betterment of senior services across Michigan,” said Mary Wagner, chair of the Porter Hills governing board in a press release.
“With one American turning 65 every seven seconds, communities like ours need to be smart about preparing for future growth. Put simply, we think we can deliver better results through mutual collaboration,” she said.
Together, UMRC, PH, and their respective affiliates employ 1,300 staff serving over 4,600 Michigan older adults. They share a combined 24 service lines and locations and 170 years of service.
“Part of the beauty of this relationship, we think, is that we can easily agree on what matters most: the well-being and independence of Michigan’s older adults,” said John Thorhauer, UMRC president and CEO, in a press release.
“At the same time, we are determined to remain among the top places to work in our respective communities, and collaborate to live out our faith-based traditions of care and giving.”
According to the 2017 Ziegler LeadingAge 150 (a listing of the top 150 senior living organizations in the U.S.), PH and UMRC together would be among the 75 largest nonprofit senior living and service providers nationally and among the top five in Michigan. In addition, the new organization’s commitment to affordable housing would place it among the country’s top 25 nonprofit affordable housing organizations.
“While these numbers are impressive—and potentially transformative to Michigan’s landscape of senior living and services—size is not the goal for either UMRC or PH,” said Kim Hoppe, Porter Hills’ senior vice president of financial and corporate services in a press release. “We are focused on ensuring that any future collaboration increases the number and quality of care opportunities available to older adults in our respective communities. It has to be the right fit not just for us, not just for UMRC, but for the individuals and families we serve.”
The due diligence process is expected to last through the rest of 2018, at minimum. Additional information can be found at either www.porterhills.org or www.umrc.com.
In addition to the press release, a bit of background on just who Porter is, their history and service locations would be newsworthy.
https://www.porterhills.org/