CALA is pleased to share this exciting announcement concerning two prominent CALA members! Masonicare Corporation, the state’s largest not-for-profit seniors health system, and owner of two Purple Flag accredited communities, has entered into a historic partnership with United Methodist Homes, Inc., another prominent assisted living and aging services non-profit organization in the state of Connecticut. Together, the two organizations will continue to enhance the quality of life for the approximately 6,500 residents in their care. CALA congratulates both Masonicare and UMH for this historic achievement! Read the full press release below to learn more!
Historic Milestone as Two Legacy Organizations Join Forces
Wallingford, Shelton, CT – On May 13, 2024, two of Connecticut’s legacy senior living providers announced their intent to join forces in a historic strategic alliance. Masonicare Corporation, Connecticut’s largest not-for-profit senior care organization and United Methodist Homes, Inc. (“UMH”), a 150-year-old organization with five locations in Connecticut as well as an active third-party management business, entered into an agreement to join forces through a carefully planned alliance designed to strengthen the delivery of care and services for the approximately 6,500 residents and patients in their care. Once concluded, this strategic union will mark a significant milestone in the history of both organizations and will set the stage for a new era of growth, innovation, and sustainability.
With a shared commitment to excellence and a rich heritage steeped in values, Masonicare and UMH will bring together a wealth of strengths, resources and expertise that will propel the unified organization to new heights. “By combining our complementary capabilities and talent, we will be poised to create a stronger, more resilient organization that is well-positioned to meet the evolving needs of our residents, patients and stakeholders,” states Jon-Paul Venoit, President and CEO of Masonicare. “From our dedicated teams, to our cutting-edge technologies and extensive partner networks, we are confident that the alliance will enable us to deliver even greater value to those in our care.”
As part of the agreement, UMH will become part of the Masonicare family. Jon-Paul Venoit will remain as President and CEO of Masonicare and David Lawlor, the current President and CEO of the United Methodist Homes, will hold an executive role serving as Masonicare’s CFO and also President of its management/consulting services division. The alliance remains subject to, among other things, regulatory approvals and approval from the organizations’ governing bodies. The parties anticipate that the affiliation will be completed in early 2025.
“Our goal is clear: to harness the collective strengths, talent, and know-how of both companies to form one stronger, enduring, mission-based organization that redefines the standards of excellence in the field of senior living. We are excited to embark on this transformative journey and thrive into the future,” states Lawlor.
Upon consummation, the newly combined organization will work to integrate their teams, systems and processes in a seamless transition.
Both Masonicare and UMH credit their dedicated staff and visionary Board members with making this alliance a reality.