Presbyterian Senior Living Enters Into Agreement To Purchase Pine Run

DOYLESTOWN, PA — Presbyterian Senior Living has entered into a non-binding Letter of Intent with Doylestown Hospital to purchase the Pine Run Retirement Community, a 532 unit, five-star-rated continuing care retirement community in Doylestown.

Following a due diligence period, execution of definitive agreements, and regulatory approvals, PSL said it will assume ownership of Pine Run Retirement Community, including Pine Run Lakeview Personal Care. PSL intends to continue operating Pine Run as a Life Plan Community.

“PSL is extremely honored to be given the opportunity to become part of the Doylestown community and excited to continue the tradition of excellence at Pine Run, providing opportunities that promote aspirational aging and lives full of purpose. In addition, we look forward to working in partnership with Doylestown Hospital to assure ongoing quality healthcare services,” said Dan Davis, President and CEO.

As one of the nation’s largest not-for-profit providers of aging services, PSL provides senior housing and care services to more than 6,000 residents in 30 communities throughout the Mid-Atlantic region.

“We are pleased to enter into a Letter of Intent with Presbyterian Senior Living,” said Jim Brexler, President & CEO, Doylestown Hospital. “PSL is a non-profit organization with a long history dedicated to operating high-quality senior living communities. Doylestown Hospital and PSL are both mission-driven, with shared core values and deep commitment to quality.

“Doylestown Hospital will continue to work with PSL to provide high-quality medical services and clinical leadership to the Pine Run community," said Brexler. "We look forward to a long and positive working partnership with Presbyterian Senior Living.”

Pine Run Retirement Community in Doylestown is one of Bucks County’s leading senior living and senior care providers, with 272 independent living cottages and 24 apartments situated on a beautiful 43-acre private campus.

The campus is home to Pine Run Health Center, which offers rehabilitation services and 90 skilled nursing beds; The Garden, a 40-bed, secure memory care neighborhood on the top floor of the Health Center; and The Willows, an intimate setting for palliative services. Pine Run Lakeview
is a 106-bed personal care residence owned and operated by Pine Run Retirement Community and located on Lower State Road in Doylestown.

The Pine Run Health Center has a five-star rating, the highest possible, from the Centers for Medicare & Medicaid Services (CMS) and has been named among the “Best Nursing Homes” in the country consistently since 2020 by U.S. News & World Report. This is a designation achieved by
an elite 13% of Short and Long-Term Care residences across the country.