Four companies have expressed interest in buying Gracedale, the county nursing home that is being sold by the county.
According to LehighValleyLive.com, the four managed-care companies are from across the country and have offered between $32 million and $37 million for the 725-bed facility in Upper Nazareth Township. County officials feel these offers will allow them to get the home’s true value when sold, as the bids are close to the estimated value included in a previous study of the home.
But council’s other concern is for the residents. In the article, Councilman Ron Angle is quoted as saying, “Now we need to decide who will provide the best level of care to the patients.”