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Finance and accounting hounds would have loved this meeting - Central Penn Business Journal

Finance and accounting hounds would have loved this meeting - Central Penn Business Journal
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New owner of the former Conestoga View nursing home has us concerned [editorial]

THE ISSUE A new owner of the former Conestoga View nursing home in Lancaster Township pleaded no contest — meaning he accepts punishment without admitting guilt — to three counts of reckless endangerment of residents at the St. Francis Center for Rehabilitation & Healthcare in Darby, Delaware County, according to an announcement by Pennsylvania Attorney General Josh Shapiro last Wednesday. As LNP | LancasterOnline’s Tom Lisi reported, “Chaim ‘Charlie’ Steg of Lakewood, New Jersey, will be sentenced to six to 23 months of house arrest followed by three years of probation. Under his probation conditions, Steg ‘cannot staff, manage, own, or operate the nursing, clinical, or medical services of any skilled nursing facility for five years,’ according to the attorney general’s office. That includes serving as a majority owner of any nursing home.” The former Conestoga View now is called Lancaster Nursing and Rehabilitation Center.

New owner of Conestoga View pleads no contest to role in Delaware County nursing home deaths

A new owner of the formerly-named Conestoga View nursing home in Lancaster pleaded no contest to three counts of reckless of endangerment of residents at a Delaware County nursing home,

Lument Closes $35 6 Million USDA Loan to Fund Replacement Skilled Nursing Facility

Conestoga View sells for $29 8 million to New Jersey company

The Lancaster Township nursing home facility long known as Conestoga View, site of the sixth-highest number of COVID-19 deaths among nursing facilities in the state, has a new owner. A spokesperson for Lakewood, New Jersey-based Imperial Healthcare Group, LLC, confirmed Tuesday the company has bought the nursing home and will keep the facility’s administration in place, but declined to provide any further details. The purchase price was $29.8 million, according to property records filed last week. The 446-bed nursing home also appears to have a new name. A person answering the phone at the nursing home facility Tuesday said the site had recently changed its name to Lancaster Nursing and Rehabilitation Center. The Conestoga View website was down on Tuesday.

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