CHANGES AT PINECREST
The Illinois/Wisconsin District in November received official word from the Pinecrest Community in Mount Morris that the retirement community would be sold effective Nov. 30 to Allure Healthcare Services. Those who were at district conference heard from CEO Ferol Labash about the severe financial and staffing challenges they were experiencing. This was unsustainable, and their board opted for the best possible way forward.
This ends Pinecrest's 129-year connection to the Church of the Brethren, which founded Pinecrest in 1893. While congregations may want to adjust their outreach budgets accordingly, we encourage congregations and individuals to continue to volunteer and connect with residents as circumstances allow under the new ownership, as the residents will need our continued prayers and support. Rodney Caldwell, pastor at the Mount Morris congregation, will remain in his role as chaplain at Pinecrest.
We are grateful for the leadership that Ferol and others have given at Pinecrest over the years, and especially through this difficult period. Our prayers are with all the staff in this time of transition. The full press release from Pinecrest follows:
After a 129-year history of serving seniors, Pinecrest Community announces its planned sale November 30, 2022, to Allure Healthcare Services.
Many factors played a role in the Pinecrest Board of Directors' decision to seek a buyer for Pinecrest. The low Illinois Medicaid reimbursement rates have been insufficient to cover the cost of care for Pinecrest residents for decades. Financial challenges caused by Medicaid were compounded by the COVID pandemic. Staffing shortages and lower resident census negatively impacted revenue. Wage pressures, hazard pay, and the added costs of PPE, testing and other supplies increased expenses exponentially. Losses experienced each month over the last three years accumulated at a rate that was unsustainable. At the same time, the COVID pandemic significantly impacted fundraising efforts. Due to these factors, the Board recognized the need for change.
Pinecrest's Board of Directors set the priorities of maintaining a retirement community in Mt. Morris, honoring its commitment to provide quality care and meet its financial commitments to Pinecrest residents, providing continued employment for staff and meeting obligations to vendors. These priorities provided the framework for the search for a buyer.
The Pinecrest Board selected Allure Healthcare Services to continue the operations that were started by the Church of the Brethren in 1893. Allure Healthcare Services is committed to quality care for its residents and to creating a family atmosphere among its staff. Started in 2019, Allure Healthcare Services owns nine other communities in Sterling, Mt. Carroll, Geneseo, Prophetstown, Moline, Galesburg, Stockton, Lake Storey and Zion.
The Board of Directors and leaders of Pinecrest grieve the loss of more than a century-long connection to the Church of the Brethren. Our rich history with the Church of the Brethren has been woven through every day of our service to Pinecrest residents and our greater community. This connection will be a bedrock for committed staff as they continue to serve residents with the new owners. We are forever grateful to the Church of the Brethren and its members for 129 years of support of Pinecrest's ministry to seniors.
This ends Pinecrest's 129-year connection to the Church of the Brethren, which founded Pinecrest in 1893. While congregations may want to adjust their outreach budgets accordingly, we encourage congregations and individuals to continue to volunteer and connect with residents as circumstances allow under the new ownership, as the residents will need our continued prayers and support. Rodney Caldwell, pastor at the Mount Morris congregation, will remain in his role as chaplain at Pinecrest.
We are grateful for the leadership that Ferol and others have given at Pinecrest over the years, and especially through this difficult period. Our prayers are with all the staff in this time of transition. The full press release from Pinecrest follows:
After a 129-year history of serving seniors, Pinecrest Community announces its planned sale November 30, 2022, to Allure Healthcare Services.
Many factors played a role in the Pinecrest Board of Directors' decision to seek a buyer for Pinecrest. The low Illinois Medicaid reimbursement rates have been insufficient to cover the cost of care for Pinecrest residents for decades. Financial challenges caused by Medicaid were compounded by the COVID pandemic. Staffing shortages and lower resident census negatively impacted revenue. Wage pressures, hazard pay, and the added costs of PPE, testing and other supplies increased expenses exponentially. Losses experienced each month over the last three years accumulated at a rate that was unsustainable. At the same time, the COVID pandemic significantly impacted fundraising efforts. Due to these factors, the Board recognized the need for change.
Pinecrest's Board of Directors set the priorities of maintaining a retirement community in Mt. Morris, honoring its commitment to provide quality care and meet its financial commitments to Pinecrest residents, providing continued employment for staff and meeting obligations to vendors. These priorities provided the framework for the search for a buyer.
The Pinecrest Board selected Allure Healthcare Services to continue the operations that were started by the Church of the Brethren in 1893. Allure Healthcare Services is committed to quality care for its residents and to creating a family atmosphere among its staff. Started in 2019, Allure Healthcare Services owns nine other communities in Sterling, Mt. Carroll, Geneseo, Prophetstown, Moline, Galesburg, Stockton, Lake Storey and Zion.
The Board of Directors and leaders of Pinecrest grieve the loss of more than a century-long connection to the Church of the Brethren. Our rich history with the Church of the Brethren has been woven through every day of our service to Pinecrest residents and our greater community. This connection will be a bedrock for committed staff as they continue to serve residents with the new owners. We are forever grateful to the Church of the Brethren and its members for 129 years of support of Pinecrest's ministry to seniors.
<< Home