Sentara Plans To Sell Nursing Homes Division To National Chain

Sentara Healthcare is selling off its nursing homes, including five facilities in Hampton Roads, for an undisclosed price to an Ohio-based long-term care company. The sale, which is expected to close November 1, will put Sentara out of the senior living business, divesting its Life Care division to Saber Healthcare Group, a for-profit nursing home chain that operates over 120 centers nationally.

The deal was struck before Sentara’s announcement Wednesday that it has begun the process of a major hospital system merger with North Carolina-based Cone Health. Representatives from Sentara and Cone said the integration . . .