SYLACAUGA, Ala. – Coosa Valley Nursing Home (CVMC) and Transitional Care Unit has entered into an agreement with Prime Healthcare Corporation (PHC) to purchase the post-acute services facility of Coosa Valley Medical Center which includes a fifty-bed Nursing Home, along with a thirty-five bed Transitional Care Unit.
“Coosa Valley Nursing Home and Transitional Care Unit enjoy a lasting legacy of providing high quality, compassionate care to its residents and patients,” said Glenn C. Sisk, CEO/President of Coosa Valley Medical Center.
Sisk said during Tuesday’s Sylacauga City Council work session the hospital began evaluating a strategy about a year ago that would create improvements for the Nursing Home that would maintain the expected level of care our patients, residents, and their families have come to expect.
“To that end, we have determined that Prime Healthcare possesses all of the tools necessary not only to make improvements to the facilities, but will also serve as a valued healthcare provider in our community for years to come,” said Sisk.
Sisk said an RFP was conducted and had ten respondents with three “bonafide offers” with one not committing to keep the jobs in Sylacauga. The sale includes the building proper to the sidewalk surrounding the nursing home.
Contractually, PHC will retain the current 94 positions. Currently, CVMC employees 650 people.
“Our family has been in the long term and post-acute care business since 1963 when my mother and father opened Chapman Healthcare Center in Alexander City,” said Prime Healthcare owner Archie Chapman.
Since then, the family owned business has expanded to include Goodwater Healthcare Center, Dadeville Healthcare Center, LaFayette Extended Care and Prime Home Health.
“After an extensive evaluation of the overall operations, it was apparent that our goals and mission aligned to make us a great fit for Sylacauga and the surrounding areas. We are proud to have this opportunity and look forward to continuing Coosa Valley Medical Center’s longstanding reputation for delivering high quality long term and post-acute healthcare services to the residents of Sylacauga and the surrounding areas,” Chapman said.
“Our mission is to work together with our residents, patients, their families, and physicians to promote their highest practicable wellbeing in a warm homelike environment,” said Brantley Newton, Regional Operations Consultant with Prime Healthcare. “We are committed to a phased renovation and expansion of the Transitional Care Unit and Nursing Home facilities. Our goal is for each project to be as seamless as possible for our patients, families, and employees.”
The Sylacauga Healthcare Authority Board would like to close the transaction with Prime Healthcare in the summer of 2018. The Sylacauga City Council approved the Board to sell its skilled nursing facility Tuesday night — step one of a two step process. The second will come with the approval of HUD which controls the bonds.
“The Sylacauga Healthcare Authority serving as the Board of Directors for CVMC is proud to have Prime Healthcare affiliated with the Nursing Home and TCU operations,” said Jerry Fielding, Sylacauga Healthcare Authority chairman. “Prime Healthcare has enjoyed great success in the other facilities they operate in Alabama and we believe they will bring those same results to Sylacauga.”
The hospital released a statement on Tuesday: “Coosa Valley Medical Center remains strong and committed to the communities we serve and we look forward to continuing to grow services while providing exceptional quality care.”
Per agreement discussions, if PHC decided to ever sell the nursing home, CVMC would have first opportunity to buy it back. As of Tuesday night, all final documents were not completed on the sale.