Non-Profit Ecumen Assumes Ownership of St. Cloud, Sartell & Monticello Senior Living Communities

(KNSI) — The CentraCare – St. Benedict’s Communities in St. Cloud, Sartell, and Monticello have completed their transition of ownership to a nonprofit.

The ball began rolling on the transition last fall when CentraCare shared a new vision for long-term care and senior housing in central Minnesota. Officials with CentraCare say they chose Ecumen because of its outstanding reputation and Ecumen’s commitment to the tradition of the St. Benedict’s Community. A Letter of Intent was signed in June, and a formal purchase agreement has been finalized, with the transition signed, sealed, and delivered on December 15th.

The sale includes St. Cloud St. Benedict’s Community, Monticello St Benedict’s Community, Chateau Waters in Sartell, Minn., and Sartell Therapy Suites. More than 300 team members have now joined Ecumen.

Ecumen owns 31 senior living communities throughout Minnesota. They develop, provide and operate senior housing and care services for 20,000 residents.

“It’s an honor to now be a part of these communities and to build on St. Benedict’s Community’s legacy of care and service,” said Shelley Kendrick, Ecumen president and CEO. “This is an important milestone in our more than 160-year history.”

“This change in strategy transfers ownership to an exceptional organization specializing in senior services and it opens the door for even more services and support for residents, families and staff,” Ken Holmen, MD, president and CEO of CentraCare said. “This also allows CentraCare to maintain a focus on the primary and specialty care we deliver as a health care organization.”

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