Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations

04/07/24 at 03:45 AM

Lutheran Senior Services/Diakon agreement forms one of largest US nonprofit LTC organizations 
McKnights Senior Living, by Kathleen Steele Gaivin; 3/29/24 
Diakon Senior Living operations and its four continuing care retirement / life plan communities will become part of Lutheran Senior Services under an agreement ... that the organizations say will create one of the largest nonprofit senior living and care organizations in the country. The transaction is pending regulatory approvals and is expected to close this summer.

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