A deal to sell three SSM Health nursing facilities in Wisconsin to a for-profit company based in New Jersey is in the works, the Wisconsin State Journal reported July 10.
If the transaction is approved by regulators, St. Mary's Care Center, St. Clare Meadows and Christian Home and Rehabilitation Center will join the nine nursing homes Complete Care already owns in Wisconsin. The acquisition would transfer more than 300 beds from the SSM Health facilities to Complete Care.
Complete Care told the newspaper that SSM Health workers will have an opportunity to stay if the deal goes through.
SSM Health, a nonprofit health system based in St. Louis, operates facilities in Missouri, Illinois, Oklahoma and Wisconsin. Complete Care owns facilities in New Jersey, Delaware, Illinois, Maryland, Pennsylvania, Connecticut, West Virginia and Wisconsin.