Friday, July 27, 2018

Nursing Home Sale Delayed






The Champaign County Nursing Home sale was expected to go through around the end of July, but has been delayed by a requirement for a hearing by a state board:

Sale of Champaign County Nursing Home delayed at least until late October
A planned sale of the Champaign County Nursing Home is being delayed until after a state hearing process later this year.

The sale of the county-owned nursing home to Evanston-based Extended Care Clinical LLC and Altitude Health Services Inc. will require the Illinois Health Facilities and Services Review Board to approve a certificate of need, and the next opportunity for that won't be until Oct. 30.

In this case, approval of a certificate of need would mean the state board has reviewed the nursing home sale proposal, and believes the transaction is needed.

Involvement by the state planning board isn't typically required for sales of long-term care facilities. However, sales of government-owned nursing homes are an exception, according to Mike Constantino, a project reviewer on the planning board staff.

County Interim Administrator Deb Busey said she anticipates the hearing before the planning board will take place Oct. 30, which makes the earliest possible date for the sale to close Oct. 31.
More details, including further requirements of the sale and additional opportunities for public input, in the full article here.

No comments:

Post a Comment