Sale of Sycamore Manor Health Center Announced
Montoursville, PA. (July 9, 2014) Presbyterian Senior Living (PSL) announced today the sale of Sycamore Manor Health Center to TL Management subject to approvals and tentatively scheduled for September 1, 2014.
"Sycamore Manor became part of the Presbyterian Homes network in 1972 and was part of a variety of acquisitions and construction projects that have helped PSL to evolve into a full continuum of health care, housing and related community services for older persons," stated Steve Proctor, President and CEO of PSL. "In more recent years, our organization has focused on the development of a full continuum of care on a single campus. The limitations of the property surrounding Sycamore Manor make it impossible to expand beyond skilled nursing care."
"TL Management ," Proctor continues, "was selected based on its reputation for person-centered care and are confident that the residents of Sycamore Manor will continue to receive a high quality of care under their ownership. We are, however, retaining ownership of Presbyterian Home at Williamsport, our personal care residence on Louisa Street in Williamsport and look forward to maintaining a strong working relationship with Sycamore Manor.
About Presbyterian Senior Living
Presbyterian Senior Living is a not-for-profit organization, providing retirement and senior care services for more than 85 years. Headquartered in Dillsburg, Pennsylvania, Presbyterian Senior Living provides services approximately 6,000 seniors in 29 locations in the mid-Atlantic region of Pennsylvania, Maryland, Ohio and Delaware. Presbyterian Senior Living fulfills its charitable purpose and mission by providing a full range of high-quality healthcare, housing, and other related community services directed primarily to people 55 and over. For more information, please visit www.presbyterianseniorliving.org.