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Accura HealthCare Expansion in Le Mars, IA

Posted: May 08, 2024

On May 7, 2024 the Le Mars City Council finalized and unanimously approved the sale of Park Place Estates, formerly owned by Floyd Valley Healthcare (FVH) to Accura HealthCare (Accura).

Danna Schuster, FVH Board Chair, stated, “During our discernment process to determine the best strategic outlook for Park Place Estates it was clear Accura held the same values as FVH in always placing resident safety first and enhancing an environment that residents will continue to thrive in. In addition, Accura’s strategic outlook for long term care in Le Mars is something FVH could not accomplish alone. We believe Accura is positioned to grow and enhance these services well into the future. Lastly, we appreciate the communities understanding during this transition. We have a lot of confidence in Accura to lead Park Place Estates into the future. I would be remiss if I didn’t take an opportunity to thank the countless individuals that have served our residents over the past 25 years. Their tireless dedication is what makes Park Place Estates a great facility and reputable assisted living facility for our communities.”

“This marks a significant milestone for our organization, and we are looking forward to welcoming the Park Place Estates community into the Accura HealthCare family,” Ted LeNeave, Founder and CEO of Accura HealthCare. “Accura HealthCare has been fondly connected within the Le Mars community for many years as we have operated the Accura HealthCare of Le Mars skilled nursing facility.  This acquisition reflects our ongoing commitment to expanding our reach and providing exceptional care and services to seniors throughout Iowa. Our immediate priority is to ensure a smooth transition for residents and staff at Park Place Estates, and we are dedicated to supporting them throughout this process.  Blake Nettleton, Executive Director of Accura HealthCare of Le Mars, will be instrumental in the continued success at Accura HealthCare of Le Mars as well as being a beacon of leadership within the Park Place Estates community.”

The transition timeline is slated for June 1, 2024. Park Place Estates will be renamed and rebranded to Stonebridge Suites of Le Mars.

Dustin Wright, FVH CEO, stated, “I am pleased in the unanimous support from Le Mars City Council and thank the Council for allowing us to move forward with this transition. Accura is a trusted long-term care provider and shares a vision of growing services in Le Mars that will undoubtedly benefit our entire community. Park Place Estates will be in great hands with Accura HealthCare. Their commitment to resident safety and satisfaction is second to none.” In addition, Wright stated, “I would like to thank the community for its support of Park Place Estates during the past 25 years of ownership under FVH. We have had countless volunteers, team members, and community supporters make this a success during our ownership tenure. The entire team at FVH and I look forward to helping Accura make the next chapter for Park Place Estates just as successful.”