Senior Housing News April 2, 2025
With growth on pause, non-profit operator Immanuel Senior Living is turning inward.
The Omaha, Nebraska-based nonprofit originally co-owned a health system with CHI Health. The organization in 2012 sold its stake in the health system to CHI Health, which provided the resources the nonprofit used to expand, build up its Program of All-Inclusive Care for the Elderly (PACE) programming.
The organization also used the proceeds from that sale to create a foundation which has given $25 million to a variety of other nonprofits such as One World Health, food banks, Reading for the Blind and various Lutheran affiliated organizations including Lutheran Family Services, Tabitha, Oaks Indian Mission, Midland University and Mosaic.
“It was really an expression of the mission of...