A company that as late as September was the 11th-largest US nursing home operator expects to complete the transition of its entire portfolio to regional operators by the end of January, when it will shut down as a company.
According to a report in Skilled Nursing News (SNN), SavaSeniorCare is in the process of transitioning the last five nursing homes in a US portfolio that once encompassed nearly 170 facilities nationwide.
Sava is the latest casualty in a trend of regionalization that has resulted in a downsizing of some of the largest national operators of skilled nursing facilities.
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