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ArchCare plans to sell Ferncliff Nursing Home in Rhinebeck, New York, to an unnamed buyer, subject to state approval. Separately, Strawberry Fields REIT acquired The Living Center, a 99-bed Missouri nursing home, in a Sept. 8 bankruptcy-court transaction that also included its affiliated hospital.

ArchCare plans to sell Ferncliff Nursing Home in Rhinebeck, New York, to an unidentified buyer, while Strawberry Fields REIT acquired a 99-bed nursing home in Marshall, Missouri, on Sept. 8. The two transactions involve separate hospital-linked operators and have different statuses: Ferncliff’s sale still requires state approval, while the Missouri purchase closed through a Chapter 11 bankruptcy process.

ArchCare, a nonprofit Catholic health system affiliated with the Archdiocese of New York, intends to sell Ferncliff to a buyer it has not identified. The organization has not released a sale price or other financial terms. According to Skilled Nursing News, citing a local news report, the transaction could take up to two years to complete. ArchCare is expected to retain ownership and operation of the facility until state regulators approve the change and the sale closes.

ArchCare said it had invested in Ferncliff over several years but had not achieved the operating efficiencies needed for the facility’s long-term financial stability. The facility’s licensed capacity is 309 beds, but ArchCare reduced the number it operates to 196 beds, the report said. The proposed sale is subject to approval by the New York State Department of Health. As of Sept. 24, the department said it had not received the required change-of-operator application.

In Missouri, The Living Center, a skilled nursing facility connected to John Fitzgibbon Memorial Hospital in Marshall, was acquired by Strawberry Fields REIT on Sept. 8. The purchase followed about six months of proceedings in the Chapter 11 cases of John Fitzgibbon Memorial Hospital and Fitzgibbon Health Services. Strawberry Fields had been selected as the stalking-horse bidder, but the nursing home was ultimately acquired as part of a single transaction that also included the hospital. The final purchase price was not disclosed; the transaction total exceeded the initial stalking-horse bid by about $2.3 million.

At a glance
updateWhen: Missouri sale closed Sept. 8, 2026; Arc…
The developmentArchCare has agreed to pursue a sale of its Ferncliff facility, while Strawberry Fields REIT completed the purchase of a Missouri nursing home as part of a combined bankruptcy transaction.

Two Different Paths for Nursing Homes

The transactions show how ownership changes at nursing homes can proceed through very different routes. Ferncliff remains under its current operator while a state review is pending and the buyer remains undisclosed. The Missouri facility, by contrast, changed hands as part of a bankruptcy sale that bundled it with a hospital, following a court-supervised bidding process.

For residents, families and staff, the distinction matters because a proposed sale does not itself change who operates Ferncliff today. ArchCare says it will continue to own and operate the home during the review period. In Missouri, the sale has closed, but the source report does not detail any resulting changes to staffing, services or day-to-day operations. The undisclosed terms in both cases also limit what can be concluded about financial impacts or future plans.

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Regulatory Review and Bankruptcy Sale

Ferncliff’s proposed ownership change depends on review by the New York State Department of Health. The agency said it had not received the required application as of Sept. 24, so the formal state review had not yet reached that application stage at that point. ArchCare’s estimate of up to two years describes a possible timeline, not a confirmed closing date.

The Missouri transaction took place under Section 363 of the bankruptcy code, a process used in the Chapter 11 cases of the hospital and its affiliated health-services organization. Strawberry Fields began as the stalking-horse bidder, or the initial bidder whose offer establishes a starting point for the sale process. The reported final transaction exceeded that original bid by approximately $2.3 million, but the buyer and sellers did not disclose the final price.

“ArchCare said it had invested in Ferncliff for years but struggled to achieve the operating efficiencies needed for its long-term financial stability.”

— ArchCare, as reported by Skilled Nursing News

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Buyer, Price and Approval Pending

The identity of Ferncliff’s proposed buyer, the sale price and other terms have not been disclosed. The date the state application will be filed, the outcome of regulatory review and the eventual closing date are also unknown. ArchCare has said completion could take as long as two years, but that is a projected timeframe rather than a fixed schedule.

For The Living Center transaction, the final purchase price remains undisclosed despite the report that it exceeded the initial bid by about $2.3 million. The source material does not specify whether the Missouri sale will bring changes to the facility’s management, staffing, resident services or operations, nor does it provide details on the hospital’s future operations under the combined transaction.

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State Review Will Set Ferncliff Timing

The next identified step for Ferncliff is submission of the required change-of-operator application to the New York State Department of Health, followed by the agency’s review. Until the approval process is completed and the sale closes, ArchCare says it will continue to own and operate the facility. No closing date has been announced.

The Missouri sale has already closed, so the source report identifies no further transaction milestone. Further information about its financial terms or operational plans would need to come from the parties or later reporting. For both facilities, details on how ownership changes may affect residents and employees remain unreported.

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Key Questions

Which nursing home is ArchCare planning to sell?

ArchCare plans to sell Ferncliff Nursing Home in Rhinebeck, New York, to a buyer it has not identified publicly.

Has the Ferncliff sale been completed?

No. The sale remains subject to approval by the New York State Department of Health. ArchCare says it will retain ownership and operate Ferncliff until the approval process is complete and the transaction closes.

Who bought The Living Center in Missouri?

Strawberry Fields REIT acquired the 99-bed skilled nursing facility on Sept. 8, 2026, as part of a combined transaction that included John Fitzgibbon Memorial Hospital.

How much did the Missouri transaction cost?

The final purchase price was not disclosed. The reported transaction total exceeded Strawberry Fields REIT’s original stalking-horse bid by approximately $2.3 million.

Source: rss

This article is for informational purposes only and is not medical advice. Always consult a qualified healthcare professional about your specific situation.
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