In-Depth: Officials Say New Friendship Ridge Owners Had “Money Problems” – County “Loaned” Them At Least $1.2 Million As Sale Was Being Completed

As Beaver County was in the process of closing the sale of the publicly run Friendship Ridge nursing home to the privately owned Comprehensive Healthcare Management Services back in March of 2014, the buyers experienced cash-flow issues leading county officials to “loan” the corporation at least $1.2 million so the sale could be completed. The…