Heritage Homes Ownership Change
WATERTOWN, WI – October 28, 2022 – Ownership change. Heritage Homes in Watertown, Wis. will be under new ownership, effective December 1, 2022. The Lutheran Home Association (TLHA) has made the decision to sell Heritage Homes in order to stabilize its position in the healthcare market after a very challenging period, largely caused by the pandemic.
“Choosing to sell the Christian community at Heritage Homes was a difficult decision for our leaders and Board of Directors,” said Mark Hayes, Interim Chief Executive Officer of The Lutheran Home Association. “We are thankful for the team members who worked tirelessly for our residents and for our residents who called Heritage Homes ‘home’ throughout the last 20 plus years.”
During the transition period, TLHA will be working closely with the new ownership group, Spero Senior Ministries (Spero) and the management company, Koru Health, to make the transition seamless for residents, staff and vendors. The staff at Heritage Homes will remain employed and be able to maintain the relationships they have built with those in their care.
“Our concern for the health and wellbeing of our residents has always been number one,” said Laurie Rehm, Interim Administrator at Heritage Homes. “This is also the priority for the new owner and new management organization which is positive for everyone and will help the residents and staff transition easily.”
Heritage Homes will continue with the same name in the future. The Heritage Home name carries an excellent reputation for Christian care in the Watertown community, which is to be celebrated.
About The Lutheran Home Association
The Lutheran Home Association is a not-for-profit ministry dedicated to providing for the spiritual, physical, intellectual and emotional needs of people in our care. We offer a wide variety of health care, housing, and spiritual outreach services with campuses in two states and congregational programs serving seniors and individuals with intellectual and developmental disabilities nationwide. Services and programs include senior living, skilled nursing care, memory care, disability services, rehabilitative therapies, chaplaincy, Bible classes, and worship services. Learn more at www.tlha.org, follow @TLHAword on Twitter and “Like” us on Facebook.