Episcopal Health Services, which owns St. John’s Episcopal Hospital in Far Rockaway, sold its Bishop Henry B. Hucles Nursing Home in Brooklyn to Providence Care, Inc. for $29.5 million. The transaction was made official on July 17.
EHS officials said that operation of the 230-bed nursing home will continue uninterrupted. As of June 25, the facility had a 95.4 percent occupancy rate, according to the state Department of Health.
“The Bishop Hucles Home has been part of our Diocese of Long Island ministry for many years,” Bishop Lawrence C. Provenzano, head of the Episcopal Church on Long Island, who oversees EHS, said in a prepared statement. “Our board believes that Providence Care, Inc. which is wholly dedicated to nursing home, will serve it well.”
Bishop Hucles is one of two nursing homes EHS owns and was looking to sell. Also on the block is the Bishop Charles Waldo McLean Nursing Home in Far Rockaway. The potential sale of that facility was being reviewed by the state’s Hospital Review and Planning Council earlier this year. The state council approved the Bishop Hucles sale in November, St. John’s officials said.
A portion of the money from the sale will go to pay the nursing home’s bond payments and other outstanding debts. How specifically to use the remainder of the proceeds has yet to be determined by the hospital’s board. “In keeping with the mission of the diocese, proceeds from the sale of the nursing home will help our provision of health care services within Episcopal Health Services,” Bishop Provenzano stated in the release.