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Beaver County nursing home sold to New Jersey firm

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Friday, Nov. 22, 2013, 9:00 p.m.
 

The Beaver County commissioners on Friday announced the sale of the Friendship Ridge nursing home to a New Jersey company.

The 605-bed nursing home in Brighton was sold to Comprehensive Healthcare Management Services for $37.5 million, said Commissioner Dennis Nichols.

Beaver County officials started looking for a buyer in May because the nursing home has been losing millions of dollars. Nearly 600 people are employed at the nursing home.

A closing for the sale is expected to take place in early March, Nichols said.

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