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Subject to regulatory approvals by the New York state Department of Health, the transition to new ownership is expected to be completed by the end of 2016 with no disruption in services or displacement of residents.
Until the transaction is approved, Fieldhome will continue to manage each of the facilities.
Fieldhome's board said it made the decision to sell because of the current and projected changes to the healthcare system led them to the conclusion that the campus would be better served if sold to a larger network rather than remain an independent stand-alone organization.
“We are confident that Personal Healthcare and its owners represent values that are consistent with Field Home’s culture of dignity and respect as they share our mission, values and ethics,” said John Ahearn, Fieldhome’s chief executive officer. “We were committed to sell only to another quality senior living facility operator that would continue to operate Field Home and The Seabury as a nursing home and assisted living facility, respectively, and to maintain the beds, services and jobs in the community. Transferring ownership to Personal Healthcare enables us to fulfill that promise.”
With the sale of Field Home-Holy Comforter, a 127-bed skilled nursing facility; The Seabury, an 85-bed assisted living facility; a 30-slot adult day care center and a 30-slot child day care center, Fieldhome will continue its 130 plus years tradition of serving the elderly through the operation of its foundation, Field Hall Foundation.
Personal Healthcare said its intention is to retain as many of the Field Home and The Seabury staff as possible. Historically, the group’s facility acquisitions have resulted in minimal turnover of staff members.
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