A new era begins for the Sunnyview Nursing and Rehabilitation Center on Sunday as it becomes a privately run facility.
On that day, Sunnyview will no longer be owned by Butler County. The Lakewood, N.J., company Investment 360 will take the reigns.
County officials on Thursday set the date for the transfer of ownership.
“The sale is closed,” said chief county clerk Amy Wilson.
Wilson said Sunday was selected for a reason.
“This is the end of our payroll period,” she said.
After Investment 360 was notified by the state that the transfer of the nursing home license was approved, the company and county signed the paperwork finalizing the sale.
The company is paying $20.4 million for the 220-bed nursing home off Morton Avenue in Butler Township.
However, the county is not guaranteed to receive that full amount because $2.4 million is for Sunnyview’s accounts receivable — uncollected bills for resident care.
County Commissioner Bill McCarrier, board chairman, said the privatization has been a smooth transition.
“I didn’t think it could have gone any better,” McCarrier said.
Investment 360 operates 17 other health care facilities in six states.