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Rest Haven gets 2nd infusion

Schuylkill commissioners on Wednesday pumped an additional $500,000 into the county nursing home, Rest Haven, to keep the bills paid until the facility is sold on Sept. 1.

That's on top of the $750,000 the county has already given to the nursing home, slated to be sold to 360 Investments of Lakewood, New Jersey, for $10.9 million.It was because the initial buyer backed out of the deal that the extra money was needed, said county Finance Director Paul Buber.That company, Nationwide Healthcare Services of Brick, New Jersey, was to have closed on the sale in May.The county had anticipated Rest Haven would need the $750,000 by May to close a spending gap resulting from the $61 per bed per day shortfall between the actual cost of care and Medicaid reimbursement, he said.But with the new closing date of Sept. 1, the facility needed another cash infusion from the county's general fund.The nursing home currently has $1.2 million in payables, Buber said. The half-million will help pay those bills, but the home still has about $700,000 in outstanding debt."It seems like every time we turn around, there are additional payables," Halcovage said. "This is money we had not budgeted for. This is money we will have to find."Although Buber said there have been improvements in the home's financial management, county administrator Mark Scarbinsky warned commissioners that it would likely need more support before the change of ownership.Commissioners put Rest Haven on the market in August 2014 after realizing the home's operating costs would exceed its revenue by millions of dollars. The county took about $2 million from the general fund last year to help Rest Haven make ends meet.The home, built in 1912, has 142 beds and employs about 113 full-time and about 130 part-time workers. Investment 360 was among 10 companies offering to buy the home.