Cadbury Senior Living needed more "TLC" than the company could take on, an administrator says.
CHERRY HILL TOWNSHIP -- The sale of a township nursing home spurred its parent company to issue 255 employees possible layoff notices, but an administrator said Tuesday that 95 percent of them shouldn't be concerned.
Cadbury Senior Living's Chief Human Resources Officer Megan Nessell said the Route 38 facility is being sold to Premier Healthcare LLC, and the new company has promised to hire the vast majority of its current staff.
The company filed a WARN notice with the state and advised its staff members that jobs will be affected by the transfer of positions to a new company.
Nessell said residents won't be impacted by the sale, which still needs to be finalized by the state's health department, since Division of Consumer Affairs regulations require current contracts to be honored by the buyer.
The seniors who call the facility home actually see some improvements in conditions at the facility, said Nessel. The building, a former lodge bought by a group of Quakers in 1977, is the company's current flagship but needed "the most TLC" between it and Cadbury's other facility in Lewes, Del, she said.
Selling the operation to Premier, which is trying to establish itself in the New Jersey market, is the best option since Premier has the funds on hand to spruce it up.
"The goal is that Premier would have more capital to infuse [into the facility] to have a more positive experience for our residents and working experience for our employees," said Nessell.
She said she expects the sale to be finalized by the end of April.
Michelle Caffrey may be reached at mcaffrey@njadvancemedia.com. Follow her on Twitter @ShellyCaffrey. Find the South Jersey Times on Facebook.