Residential Care Facility For The Elderly For Sale

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Residential Care Facility For The Elderly For Sale – The St. Lawrence Rehabilitation Center and its associated nursing and home care facilities are being put up for sale — but none of the facilities will be closed at Morris Hall/St. Lawrence Officer.

Residents will not be displaced and all staff and management will remain in place, said Darlene Hanley of Morris Hall/St. Lawrence Inc. The process could take up to a year and is expected to occur during a seamless ownership transition, he said.

Residential Care Facility For The Elderly For Sale

Residential Care Facility For The Elderly For Sale

The decision to sell the St. Lawrence Rehabilitation Campus is the result of severe financial pressures exacerbated by the COVID-19 pandemic, Hanley said. He said this has placed a “tremendous burden” on the post-acute care industry and added to the difficulties already faced by providers such as St. Lawrence and Morris Hall.

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So, after much consideration and the realization that it would not be financially viable as a stand-alone facility, the decision was made to find a qualified buyer for the entire campus, he said.

The St. Lawrence Rehabilitation Center campus is located on both sides of Route 206 at the corner of Lawrenceville-Pennington Road and Franklin Corner Road. Morris Hall/ St. Lawrence Inc. It employs around 500 people.

The main campus on Route 206 includes St. Lawrence Rehabilitation Center, St. Mary’s Assisted and Residential Living, and St. Joseph’s Skilled Nursing. Morris Hall Meadows Skilled Nursing Facility is located on Franklin Corner Road.

Morris Hall/St. Lawrence Inc. officials have arranged for the process to be handled by consultant David Kostinas, he said. On October 1, an RFP was sent out to more than 20 potential buyers from health systems to long-term care providers.

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“Mr. Having worked with us for more than 30 years, the Kostinas understand our desire to attract a buyer who will continue our mission. We are looking for a buyer with the same high reputation and commitment to the community (as Morris Hall/St. Lawrence Inc.),” ​​he said.

Kostinas worked at Morris Hall/St. Lawrence Inc. St. Mary’s has expanded into assisted living and residential living, St. Joseph’s Skilled Nursing and Morris Hall Meadows Skilled Nursing.

Kostinas noted that the health care procurement market, including long-term care services, is “very favorable,” Hanley said. Morris Hall/St. Lawrence Inc. has done well in investigations and has a great reputation, he said.

Residential Care Facility For The Elderly For Sale

St. Lawrence Rehabilitation Center is celebrating its 50th anniversary. It is a 116-bed non-profit physical rehabilitation hospital that provides a wide range of services and specialty programs in inpatient and outpatient settings. On the website

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The rehabilitation hospital offers physiotherapy, speech therapy, occupational therapy, therapeutic recreation and social and psychological services. There are specialized programs for stroke, brain injuries, neurological conditions, amputations, parkinsonism, and vestibular/balance rehabilitation.

Morris Hall/St. Lawrence Inc. expanded its offerings to include St. Mary’s Assisted and Residential Living, St. Joseph’s Skilled Nursing Center, and Morris Hall Meadows Skilled Nursing.

Founded in 1904, Morris Hall is supported by the Roman Catholic Diocese of Trenton, officials said. Although open to all, it retains a Catholic identity in both its policies and practices.

Morris Hall originated in the Diocese of Trenton in 1898 through the bequest of Colonel Daniel Morris. He directed that the money be used to build St. Michael’s Children’s Home and Morris Hall Home for the aged.

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Morris Hall Home for the Aged began in 1904 as a nursing home. Our Lady of the Rosary Chapel was added in 1910 and served as the parish church of Lawrence Township until 1938, when St. Ann’s Church was built on Lawrence Road in the Eldridge Park area.

Morris Hall housed a convent for retired Sisters of St. Francis, who ran the institution until 1981. In the early days residents helped in the kitchen and worked in the surrounding fields.

Morris Hall underwent a major renovation project in 1994, resulting in the establishment of the 100-bed St. Mary’s Assisted and Residential Living and the 120-bed St. Joseph’s Skilled Nursing Center on the main campus.

Residential Care Facility For The Elderly For Sale

Morris Hall Meadows Skilled Nursing opened in 2015 at Route 206 on Franklin Corner Road. It consists of six individual houses, each housing 10 residents.

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The Diocese of Trenton announced the Morris Hall/St. Lawrence Inc., . And said it is “confident” the buyer will share the values ​​and commitment to serving the Greater Mercer region.

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Residential Care Facility For The Elderly For Sale

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