Doylestown (Pa.) Health, which is undergoing a strategic review as it battles to become more financially secure, said it is aiming to sell off a key asset in its 517-unit Pine Run retirement community. The Pine Run asset, about an hour north of Philadelphia, is spread over two campuses and has been named among the top nursing homes in the country, Doylestown Health said. Currently, both the Doylestown management team and its financial advisers have received non-binding indications of interest for the Pine Care asset.
Read the full article: Cash-Strapped Doylestown Health Seeks to Sell off Major Retirement Home Division //
Source: https://www.beckershospitalreview.com/finance/cash-strapped-doylestown-health-seeks-to-sell-off-major-retirement-home-division.html