Senior Housing News September 5, 2024
Senior living nonprofits Tabitha and Eventide Senior Living Communities have agreed to affiliate in early October.
Moorehead, Minnesota-based Eventide is slated to operate as the parent company while both organizations combine to share resources, according to a press release.
Affiliation talks have been underway for the past six months and will allow both entities to take advantage of economies of scale and better weather the shifts in service lines and living communities, according to Brian Shanks, Tabitha president and CEO.
“Simply put, we will be stronger together as we are able to pool resources and collaborate,” Shanks told Senior Housing News. “Both organizations will continue to be the leading providers of senior care in the communities we serve … we...