Bangor nursing home to be acquired by Catholic health system in Massachusetts
Courtesy / Convenant Health, BNRC
Stephen Grubbs, president and CEO of Covenant Health Systems, with Nichi Farnham, board president of Bangor Nursing & Rehabilitation Center.
Bangor Nursing & Rehabilitation Center, a 60-bed nursing home that has provided various services in the area for nearly 200 years, is being sold to a Massachusetts health care system.
Covenant Health, based in Tewksbury, Mass., has agreed to acquire the Bangor health care provider for an undisclosed price, according to a news release Tuesday. The deal requires approval from the Maine Department of Health and Human Services, but could close in the next two or three months.
Bangor Nursing & Rehabilitation Center is the area’s only nonprofit nursing home and the only independent one in Penobscot County, according to the center’s website. Located on the University of Maine at Augusta’s Bangor campus, the nursing and rehab center traces its origins to 1828. Over the years it has had different functions, including serving as the hospital for Dow Air Force Base, which shut down in 1968.
Although freestanding, the nursing home has contracted over the past eight years for management services from Covenant, a Catholic, regional health care delivery network that reported $745.1 million in 2019 revenues. It owns and operates 15 hospitals, nursing homes, assisted-living residences and other health care providers throughout New England and in Pennsylvania.
In 2010, Covenant acquired Bangor-based St. Joseph Healthcare and its 112-bed St. Joseph Hospital, which is affiliated with Bangor Nursing & Rehabilitation Center. Two other Maine providers are also members of Covenant: St. Mary’s Health System in Lewiston and St. Andre Health, a 96-bed skilled nursing facility in Biddeford.
Under terms of the agreement, Bangor Nursing & Rehabilitation Center will continue to operate as a nonprofit serving residents of all faiths, and no immediate staffing or operational changes are planned, a Covenant spokeswoman told Mainebiz. The nursing home employs 55.
“This is great news for our community and the residents we serve,” said Nichi Farnham, president of the BNRC board of directors, in the news release. “Joining Covenant Health will give us greater access to operational resources and supplies, clinical expertise and best practices developed across Covenant Health's three hospitals and 12 skilled nursing facilities and senior living facilities.”
Bangor City Council Chairman Dan Tremble said, “We welcome the expansion of Covenant Health in the community through the acquisition of Bangor Nursing & Rehab. Its expansion in the Bangor region further strengthens our relationship and ability to address important health issues affecting the community.”
Covenant Health President and CEO Stephen J. Grubbs added, “Bringing Bangor Nursing and Rehabilitation Center into our Covenant Health family is a natural next step in our relationship … We are truly excited to see what the future holds for both of our organizations.”
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