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Eight Dycora nursing facilities in Wisconsin under new management; buyer sought

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Posted at 11:59 AM, Apr 05, 2019
and last updated 2019-04-05 12:59:04-04

An affiliate of Golden Living Centers will provide support to keep eight Dycora nursing facilities in Wisconsin in business as they go through receivership, according to a news release Friday.

The process could result in new ownership of the facilities.

Golden Living affiliate Menominee River will provide services to Dycora facilities in Abbotsford, Beaver Dam, Fort Atkinson, Muscoda, Watertown, Greendale and two in Glendale.

“Golden Living is one of the best in the business, and I am pleased that they have agreed to take on this important assignment. Golden Living will bring an established and capable team to these locations, and they will help stabilize and care for the residents who make their homes at these eight locations,” said Michael S. Polsky, an attorney with Beck, Chaet, Bamberger & Polsky who was appointed Thursday by the Milwaukee County Circuit Court to act as the receiver for the eight nursing facilities.

Polsky said things should be business as usual.

“Working with Golden Living, our joint goal will be to provide the resources, support and expertise needed to allow all of the facilities to focus on delivering quality care and services to the residents. We will maintain normal business operations, retain all staff and allow the eight facilities to operate without any interruption so that the important care they provide can continue,” Polsky said in the news release.

Polsky said there is a plan to help ensure all payroll and benefits are provided to employees and that vendors are paid for ongoing services.

“The health, safety and the comfort of the residents will be the primary concerns going forward.” — Wanda Prince, senior vice president of operations for Golden Living

Golden Living previously owned the eight facilities before leasing them to Dycora in early 2017.

“The health, safety and the comfort of the residents will be the primary concerns going forward,” said Wanda Prince, senior vice president of operations for Golden Living. “Our top goal at this time is to ensure that residents continue to receive seamless quality care in the centers from the staff they have come to know. We know many of the staff at these facilities, and they are a great and dedicated group of people who truly care about the residents. We look forward to working with them.”