Florida Presbyterian Homes has agreed to affiliate with Westminster Communities of Florida, the largest not-for-profit senior care provider in the Sunshine State. The arrangement adds the 11th CCRC to Westminster’s portfolio while improving the financial stability of the standalone CCRC Florida Presbyterian Homes (FPH). State approval is still needed for the affiliation.
Once the affiliation is complete, Westminster Communities of Florida will operate the FPH community in Lakeland and will be responsible for governance of the organization, its assets and liabilities going forward. FPH has nearly 700 residents across independent living, assisted living and skilled nursing units. Its skilled nursing center, Porter-McGrath Health Center, also offers rehabilitation services. Westminster operates 22 properties in Florida, including 10 CCRCs and 12 affordable housing communities.