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Sentara Woodview, MeadowView Terrace to be sold off to Cleveland-based firm

SoVaNow.com / August 03, 2020

Sentara Healthcare is selling its Life Care long-term care division in a deal that spells new ownership for Sentara Woodview in South Boston and Sentara MeadowView Terrace in Clarksville.

The local nursing home facilities are among seven facilities in Sentara’s Life Care division that will be sold to Saber Healthcare Group, a for-profit chain based in Cleveland that operates in seven states, including Virginia. Norfolk-based Sentara Healthcare said this week the transaction should close by Nov. 1.

“This is a strategic decision by Sentara to focus our clinical efforts on our hospitals and outpatient services,” says Paul Gaden, corporate vice president for Sentara Healthcare and president of Sentara’s western region. “We believe putting our Life Care sites in the hands of a dedicated, trusted LTC [long term care] provider such as Saber is in the best interests of our residents and their families.”

Terms of the sale by Sentara Healthcare, a not-for-profit provider, are being kept confidential between the parties, according to an announcement of the sale.

All employees with Sentara Life Care will transition to Saber with years of service recognized, or remain with Sentara, according to the media release.

Sentara will retain ownership of two senior care sites in Norfolk and Portsmouth but sell its South Boston and Clarksville long-term nursing homes along with five other elder care facilities in Virginia Beach, Chesapeake and Hampton. According to the hospital, “Sentara and Saber Human Resources teams will work with affected employees to ensure a smooth transition to employment with Saber Healthcare Group, or in finding other positions within Sentara.

“The goal is to complete the transaction with no interruption in anyone’s employment,” Sentara’s statement said.

“We have a great working relationship with Sentara and we will continue working together to benefit our residents and their families,” said Mike Demagall, vice president of population health & business development for Saber Healthcare Group, in the same release. “We look forward to welcoming the Sentara care teams to Saber. Their experience and relationships with residents and families will help ensure a seamless transition.”

Saber currently operates 27 long-term care facilities in Virginia, part of its fleet of more than 127 skilled nursing and assisted living facilities in Ohio, Indiana, Pennsylvania, Delaware, Virginia, North Carolina and Florida. Saber purchased three Sentara Life Care sites in Norfolk, Portsmouth and Barco, N.C. in 2019, and operates other LTC facilities in Hampton Roads.



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