Lumberton, N.C.-based UNC Health Southeastern is transitioning two of its business areas, seeking to sell a long-term care facility and transferring its current outpatient hospice program.
UNC Health Southeastern, part of Chapel Hill, N.C.-based UNC Health, is exploring the sale of long-term care facility WoodHaven Nursing Center to Liberty Healthcare and Rehabilitation Services, which operates in both North and South Carolina. The facility employs 85 people, all of whom have been guaranteed continued employment with either the facility or within the UNC Health Southeastern system.
In addition, UNC Health Southeastern will transfer its outpatient hospice program to Wilmington, N.C.-based Lower Cape Fear LifeCare May 1. It will continue to offer hospice inpatient services.
The move is designed to "more closely align with the health system's overarching mission and vision, and to ensure more operational efficiency," UNC Health Southeastern said.
UNC Health Southeastern reported a $74 million loss in what it called a "difficult" year for the period ending June 30. The system was placed on CreditWatch with negative implications amid a lack of provided financial information, S&P Global said Feb. 23.