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National Lutheran Communities and Services Acquires Senior Living Community Augsburg Lutheran Home and Village
Thursday 16 January 2020

16 January 2020 - Maryland, US-based senior services provider National Lutheran Communities and Services has added Baltimore-based Augsburg Lutheran Home and Village to its roster of senior living communities, the organisation said.

Augsburg Lutheran Home and Village will now be known as The Village at Augsburg–A National Lutheran Community and a new logo, voted on by Augsburg's team members has been approved.

The affiliation with The Village at Augsburg makes both NLCS and Augsburg part of a larger system, which means both parties have access to strong support services, have an increased breadth of expertise, have access to additional benefits and resources, and receive best-in-class education.

The transition started almost a year ago, with the Maryland Department of Aging providing official approval in December 2019.

Throughout the year, NLCS team members have spent significant time with Augsburg's leadership team in addition to meeting with team members and residents.

Augsburg has served the Baltimore region for over 125 years, first as an orphanage, and then serving a dual population of children and seniors starting in 1929.

In 1970, the orphanage was dissolved, and Augsburg began solely caring for older adults. Currently, Augsburg offers independent living, assisted living, short-term rehabilitation and skilled nursing.

NLCS has served seniors for 130 years, starting as the National Lutheran Home in Washington, DC In 1980, the National Lutheran Home moved to Rockville, Md., and over the last 10 years has expanded its mission to the Shenandoah Valley in Virginia and to Annapolis, Md. 
Details
Date Published: 16/01/2020
Target: Augsburg Lutheran Home and Village,  
Country: USA
Sector: Healthcare
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: National Lutheran Communities and Services
Comment:
Terms of the deal were not disclosed

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