Hundreds of Bucks County workers are watching closely as a beloved healthcare institution may soon be under new ownership, writes John George for Philadelphia Business Journal.
Chandler Hall Health Services, a Quaker-based continuing care retirement community in Newtown, is moving to sell its business operations, according to a Worker Adjustment and Retraining Notification filed with the Pennsylvania Department of Labor and Industry.
The filing provided a targeted sale date of Aug. 1. However, that date hinges on regulatory hurdles, including approval from the Pennsylvania Office of Attorney General, which must sign off on any nonprofit healthcare transaction…