What you need to know about the Riverside Nursing Home’s controversial plan to sell its nursing homes
As many as 1,200 Riverside nursing homes will be sold to private developers over the next five years, as part of a controversial plan by the company behind the Riverside Community Care Center.
Riverside’s announcement came in an online press release Tuesday morning, and the news is expected to set off alarms among advocates who say Riverside’s move is a dangerous step for vulnerable seniors who rely on nursing homes for care.
“The Riverside Community Center’s (RCHC) plan will likely be sold off to private development companies, who will be allowed to use the properties to construct new, larger nursing homes,” said Jennifer Schlosser, a senior policy analyst at the nonprofit Center for Responsible Lending, a California nonprofit that advocates for nursing homes.
“They are not building them to serve the residents who will live in them.
They are building them for the developers.”
Riverside’s plan was unveiled in June after a $3.5 billion public subsidy that is expected expire in 2022.
Riverside Community Services, which operates the Riverside nursing home, said in a press release that it will “sell” the nursing homes to developers.
But it didn’t specify what would happen to the nursing home’s remaining properties.
Riverside, which has more than 30,000 nursing homes, said it was “concerned” about the proposed sale and would review all options, including potential litigation.
“We’re going to be consulting with our nursing home partners, and they are concerned about this sale,” said Riverside spokeswoman Jennifer Ewing.
“Our plan is to review all the options in this process, including litigation.”
The Riverside Community Development Corp. (RCDC) is the developer behind the proposed Riverside CommunityCare Center.
The development is the second-largest private nursing home developer in California, behind only San Diego’s Riverside Care Center, according to real estate data company Real Estate Board of Greater Los Angeles.
The Riverside CCC plans to develop three nursing homes and several buildings at the site of the Riverside CCA, which is located in San Diego County.
Riverside is seeking to sell the Riverside facility to a private developer for $6 billion, with an option for a fourth nursing home to be built.
Riverside plans to continue operating the facility, which provides health care and nursing care to approximately 1,100 seniors.
The RCDC is planning to build the Riverside care center at the Riverside Center for the Performing Arts complex in San Bernardino County, the site that would house the Riverside Home of the Year award ceremony.
Riverside will purchase its remaining nursing homes at Riverside Community and Riverside Home, according the Riverside news release.
The facilities will be purchased for $1.5 million each.
“RCDC has been looking for a way to provide more care for our community members, and Riverside has been at the forefront of the way we’ve taken care of our residents over the years,” Riverside CCD executive director Robert Fink said in the press release.
“With our facilities already operating in excellent condition, it is no surprise that the RCDC has seen an increase in demand for our facilities, which includes seniors.”
Riverside CCDC has been working with the Riverside community to make sure residents have access to quality care, said Steve Gaffney, president and CEO of Riverside CCHC.
“When our facilities are running at their best, our residents can rest assured that they have a care provider who cares for them and who knows what they need,” Gaffey said in an email.
“This is especially important in the current climate where seniors are facing challenges with respect to their health and mental well-being.”
Riverside Community is in the process of developing plans for the Riverside Care Home, Gaffesaid.
The new nursing homes “will provide a safe environment for our residents to be able to receive care,” he said.
“These new facilities will also create opportunities for the residents to experience the care they deserve, which will benefit their overall quality of life.”
Riverside has a history of nursing home care issues, according as the Riverside News Tribune.
Riverside CCTC was the subject of a federal investigation in 2014 for alleged safety violations.
The investigation found that Riverside CCCC did not have the necessary nursing homes licensed to care for elderly residents and was not properly operating facilities.
The company was found to have violated California state law by failing to maintain the licenses of nursing homes that were not in compliance with the requirements.
Riverside closed the Riverside home for two years after the investigation.
The closure resulted in thousands of dollars in fines, and forced Riverside to take steps to improve its nursing home programs.
In February 2019, Riverside County passed a new law that requires nursing home operators to have more than one registered nursing home licensed to their facility, and to conduct training and certification of staff.
Riverside officials said the Riverside Correctional Center, which houses about 1,000 inmates, was the primary site for the nursing care for the prison population, but that Riverside Home Services also operated at Riverside Correctional.
Riverside Home is a private, nonprofit