KOTA Territory NewsRegional Health plans to sell nursing homes
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BELLE FOURCHE, S.D. (AP) _ Regional Health of Rapid City plans to sell three nursing homes to a Minnesota company.
Regional Health Chief Operating Officer Tim Sughrue says the Fox Family Trust has agreed to purchase the properties and lease them to Mission HealthCare, LLC, of Jordan, Minn.
The nursing homes are David M. Dorsett Regional Senior Care in Spearfish, Belle Fourche Regional Senior Care and Sunpointe Regional Senior Care, an assisted living center within the Belle Fourche facility.
Sughrue says the deal could be completed as early as the end of the first quarter of fiscal 2010. He says patients shouldn't notice any changes.
Sughrue says Regional Health is shifting its focus to clinics and hospitals.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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