The New Homestead and Homestead Acres Under New Ownership

April 3, 2013 - PRLog -- The New Homestead and Homestead Acres Under New Ownership

The New Homestead and Homestead Acres of Guthrie Center, Iowa are under a new, non-profit ownership, The Capstone Group.  The Capstone Group will partner with Pivotal Health Care, who will oversee the day to day management of the operations along with the same local staff the community has come to know over the many years.  

Capstone is extremely pleased that it was selected to take ownership of The New Homestead and is aware of its outstanding reputation in Guthrie County and beyond.  With the strong financial position Capstone brings, and with the operational expertise available from Pivotal, the strong tradition of quality should not only continue, but grow.   And while various transitional changes are anticipated, there should be few if any noticeable changes from the perspectives of residents and their families and friends.

Capstone has a heritage of owning facilities in rural, Midwestern communities and its focus is local.  As Mike Michaud, President of Capstone, says, “Our single objective is to be the facility of choice.  This drives everything that we do.”  “In fact,” he continued, “We understand that as a nonprofit, Capstone is not so much the  ‘owner’ of The New Homestead, as it is the steward responsible for operating the property to best meet the public good.   Capstone of course has to keep an eye on the bottom line to stay in business and to grow, but also stays in tune with the way in which our services and products fulfill our purpose to provide for appropriate care in our market area.   This means that we’ll operate The New Homestead in a manner best for the residents of Guthrie Center and surrounding areas who have need for access to the wonderful care and services provided by the facility.”

The management company, Pivotal Health Care, brings long-term experience in the senior living industry, managing communities in Iowa, Kansas, and Missouri along with other States in the Midwest.  Its understanding of senior care is based on many years of working with large and small, single and multi-purpose, nonprofit and for-profit senior health care facilities.  Closer to home, Pivotal is the manager of Kennybrook Village - a new continuum of care retirement community in Grimes, IA. Scott Gulledge, CEO of Pivotal Health Care, is excited to work with The New Homestead and has worked with Mr. Michaud on many nonprofit facilities. “Mike is a person that I know the staff and community of Guthrie Center will enjoy to meet and work with”.

The New Homestead and Homestead Acres Under New Ownership (continued)

The New Homestead has served Guthrie Center and surrounding communities for over 40 years with a commitment to care for those who are unable to care for themselves.  The dedicated staff, with an average tenure of 10 years, strives to continually improve the quality of care and the quality of life for the individuals they serve.  The New Homestead community offers independent living, assisted living, short-term and long-term health care, skilled nursing, rehabilitation, and memory care, all in a home-like atmosphere. The New Homestead's professional physical, occupational, and speech therapists work with residents and their families to develop individualized therapy programs as needed on an individual basis.  The New Homestead looks forward to the new perspectives and resources brought by Capstone and Pivotal, and to meeting the needs of residents and the Greater Guthrie Center Community for many years to come.  For more information contact the administrator, Maradith Janssen, at admin_tnh@netins.net, or visit www.thenewhomestead.org.