Skilled Nursing News October 25, 2024
Ohio-based Premier Health is transitioning two nursing homes in Ohio to Otterbein SeniorLife and Vancrest Healthcare Centers.
Otterbein SeniorLife is adding to its portfolio the SpringMeade Health Center, which is appraised at $4.9 million, according to county records. The sale price was not disclosed.
The sale of SpringMeade was prompted by the recent partnership with Otterbein SeniorLife, which has been managing the facility since January. Bill Brownson, chair of the Otterbein board, emphasized the importance of acquiring a like-minded organization dedicated to a resident-driven model and exceptional care.
Premier Health is also transferring operations of Koester Pavilion to Vancrest Healthcare Centers.
Vancrest offers a variety of living options from home health care to campuses that offer assisted living, short term...