6 days ago
Diocese sells Ohio care facility
YOUNGSTOWN, Ohio (WKBN) – Financial losses prompted the Catholic Diocese of Youngstown to sell a senior living care facility in North Canton.
The Diocese announced Tuesday that St. Joseph Senior Living, Louisville, was sold to Lemmon-DeHoff Acquisition. The sale was final May 31.
St. Joseph Living houses a 60-bed skilled nursing unit, a 49-unit assisted living facility, an 18-bed memory care unit, and a 66-unit independent facility.
The decision to sell the facility was made in 2023.
'Years of significant financial losses amid the complex challenges facing standalone long-term care facilities throughout the United States, including the rising costs of providing quality care, factored into the decision to sell St. Joseph Care Center,' the Diocese wrote in a news release.
Bishop David Bonnar said that the new owners will continue to endorse the Catholic identity as well as 'providing quality, compassionate care to residents.'
Bonnar said that new investments in the facility will include renovations and new construction.
'The Diocese's primary concern from the moment the difficult decision was made to sell St. Joseph Care Center has been for the residents,' Bonnar said. 'Working with theconsulting firm McMahon & Associates, our Diocesan leadership executed a very thoughtful andintentional process of finding a buyer with a footprint in the local community and a respect for St. Joseph Care Center's Catholic identity, mission and tradition of quality, compassionate service.'
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