Tri-County Nursing Home now part of Elderwood systemFebruary 2, 2018
NORTH CREEK | The Adirondack Tri-County Nursing Home is now Elderwood at North Creek after being sold.
Post Acute Partners paid $2.8 million for the facility plus another $180,000 for operating interests.
The deal became effective on Jan. 22.
Anna Foy, director of business development with Elderwood, said the company has facilities in western and central New York, and in Rhode Island.
“We are mainly focused in New York state. Our first in the North Country is in Lake Placid, and North Creek is adding to it,” Foy said.
While part of a larger group of elder care facilities, each building is its own entity, she said.
“We work with the facility and staff, invest in what is there, and make it better.”
Foy said the existing staff members are the ones who have been providing care for a long time, and Elderwood intends to keep them on.
“This really this should be a seamless change for that facility,” Foy said.
Hal Payne, who was the administrator for Tri-County, is remaining on the staff, but would now be working with Mark Walker, the regional administrator, who is the director at the Uihlein facility in Lake Placid.
“It’s really about what he (Payne) would like to be with the organization,” Foy said.
Elderwood will also acquire the Heritage Commons Residential care facility at Ticonderoga, and Walker would help director that facility, and North Creek, working with the current staff and administration.
“We want to maintain the quality and invest in the building and staff and offer the services needed, partnering with the community and hospital – not blow everything up and start over,” Foy said. “We intend to keep as many individuals who work there as possible.”
Elderwood will continue to work with the Hudson Headwaters Health Network to provide physician services at in North Creek.
The North Creek nursing home is an 82-bed facility. Elderwood facilities generally range from 80 to 115 beds, with two facilities having 200 beds.
Foy said Elderwood would look at the needs of the North Creek facility, as they do whenever they take over a facility, to see what improvements need to be made.
“I can’t speak directly to what the needs at North Creek are, but we look at how we can improve, maybe the building, maybe the services, maybe new equipment if equipment needs replacing,” Foy said. “We want to make sure the care is at the highest quality we can offer.”
Foy said Elderwood is already working with the nursing staff to create an effective model of care, educating staff on new software, telephone systems, and documentation.
The Tri-County Nursing Home had been struggling financially for a number of years, including several years of losses. Occupancy was at 84.4 percent last year.
In October 2016 the nursing home received a 2-star rating out of a possible 5 stars by NursingHomeRating.org. The nursing home received 4 stars each in the categories “Quality” and “RN Staffing.”