Miller’s Well being Techniques, based mostly in Warsaw, Indiana, will proceed to function expert nursing services owned by Highgate Capital Investments/Aurora Well being Community for the foreseeable future, because the time period for transferring or renewing leases has been prolonged.
It is unclear precisely how lengthy that extension will final, as native information supply WANE15 first reported.
Miller’s has been in discussions with Highgate Capital Investments/Aurora Well being Community, which owns the power, relating to a brand new or transferred lease, Miller CEO Patrick Boyle stated in an announcement Thursday.
The corporate initially introduced in Could that it might stop leasing eight Miller’s Merry Manor places within the state, with present leases set to terminate June 30 and a brand new operator taking on July 1.
That is in keeping with WARN notices despatched to the Indiana Division of Workforce Improvement, although letters obtained by WANE15 confirmed the variety of properties in the identical scenario to be nearer to 19.
Highgate Capital Investments/Aurora Well being Community is anticipated to make its remaining choice within the subsequent two weeks, Boyle added.
“The July 1 deadline for the proprietor to make a brand new lease with Miller or one other operator will probably be pushed again as negotiations proceed, and facility workers will proceed their day by day operations as ordinary,” Boyle stated. within the assertion.
Neither Miller’s Well being Techniques nor Highgate/Aurora responded to additional inquiries from Expert Nursing Information on Friday.
Miller’s Well being Techniques has been a staple in Indiana’s long-term care house since 1964 and continues to function a handful of nursing properties statewide, in addition to function a remedy enterprise and have a partnership in a care firm. residence physician.
Practically 700 staff would now not be employed by the corporate, Miller’s stated in its notices to the state.
Boyle indicated within the firm assertion that Highgate Capital Investments/Aurora Well being Community would doubtless rent Miller workers to work on the facility.
In February 2022, Highgate and Aurora closed a $three.2 billion deal to amass the wellness infrastructure portfolio of DigitalBridge (NYSE: DBRG), previously generally known as Colony Capital. That portfolio included 83 SNFs and different well being care property.
