Saturday, November 17, 2018

Nursing Home Update and Sale Delay


There appears to be yet another delay of selling the Nursing home. Initially the time was adjusted slightly due to the required State board's timeline of approval of the sale. What exactly is causing the requested delays since doesn't appear to be in the public sphere yet. There doesn't appear to be any doubt that the sale will still happen, but when seems to be an open question. From the News-Gazette today:
County board seeks second extension on nursing home sale till March
A Chicago law firm has filed a second request with state regulators for an extension to finalize the sale of the Champaign County Nursing Home — this time seeking an additional three months.

If this extension is approved, the county could continue to be the owner of the financially ailing nursing home until March 1, 2019.

Just a bit over a week ago, the Champaign County Board and the nursing home buyers had filed a request with the Illinois Health Facilities and Services Review Board for a one-month extension — to Jan. 1, 2019 — on a required Nov. 30 closing date for the transfer of ownership...

County Board Chairman C. Pius Weibel said Friday he wasn't able to comment on reasons why more time is being requested to finalize the sale or why county officials filed two extension requests about a week apart. County Administrator Deb Busey couldn't be reached Friday afternoon.

As of Friday, the Illinois Department of Public Health hadn't yet received an application for the change of ownership of the nursing home, agency spokeswoman Emma Ciavarella said.

Earlier this week, the county board unanimously recommended forgiving two loans to the nursing home — totaling $500,000 — that the home can't repay.
Full article with more information here.

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