Bankrupt nursing home in central Pa. sold for $40M

A New York company is buying a Lebanon County nursing home.

MDA Capital Group will purchase the Cedar Haven Healthcare Center, a 324-bed skilled nursing facility at 590 S. Fifth Ave. in South Lebanon Township, for $40.3 million.

A federal judge approved the sale of the nursing home on Wednesday. The sale still has to be approved by the state, according to Robert Chernicoff, an attorney with Cunningham and Chernicoff PC, which represents the nursing home…

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