“The LDC committee is going to be well-rounded, and will have board members as well as people from the community who have expertise,” he said. “I will have a lot of confidence in this group to find a buyer who will act in the best interest of the county.”
Despite the looming possibility that the home will be privatized, the Manor’s administrator, Edmond C. Marchi, said there has been no sign of an upcoming exodus from the home by its more than 200 employees.
“Some people still don’t believe that it’s actually going to happen,” said Marchi.
He said it remains unclear precisely how much time it will take for a private buyer to take over. But he said it is likely going to be “months and months” for the LDC to send out a request for proposals and then carefully review those proposals once they are submitted.
Once a bidder is submitted, he said, it will take additional time for the state Public Health and Health Planning Council to review an application for a certificate of need that the would-be operator would have to obtain in order to take charge of the facility, Marchi said.
Marchi said the process being set up in Otsego County resembles one moving forward in Ulster County. There, according to published reports, the Golden Hill nursing home in Kingston is being sold by that county’s LDC for $11.25 million to a local group headed by Dr. Anthony Bacchi. It will reportedly take up to 18 months to complete the sale once the certificate of need is awarded.