Springfield, MO

Log in Subscribe

Stockton Nursing Home approves CMH Foundation merger

Posted online
During a special meeting July 13, Stockton Nursing Home's top donors voted unanimously to merge with Bolivar-based Citizens Memorial Healthcare Foundation.

The merger is effective Sept. 1, according to a July 20 news release from CMH.

The merger agreement stipulates that CMH purhase the nursing home's assets for $3.9 million; the funding would be used to renovate the current Stockton Nursing Home Facility or construct a new one within six years, according to Springfield Business Journal archives.

“We are very excited to be working alongside the employees and residents of Stockton Nursing Home," CMH CEO and Executive Director Donald Babb said in the release. “We will continue to invest in the Stockton Nursing Home facility and in the community, using additional resources to enhance current services and to adapt to meeting changing needs.

"Within the next six years we plan to build a new skilled facility to replace the current facility and turn the current facility into an assisted living facility.”

CMH has had a Stockton presence since 1989 with its Stockton Family Medical Center facility.

In a recent SBJ article, Tamera Heitz-Peek, CMH director of marketing, said the CMH Foundation, the fundraising arm of Citizens Memorial Healthcare, also operates the hospital's long-term care facilities. They are:
  • Ash Grove Healthcare Facility;
  • Citizens Memorial Healthcare Facility, Bolivar;
  • Colonial Springs Healthcare Center, Buffalo;
  • Community Springs Healthcare Facility, El Dorado Springs; and
  • Parkview Healthcare Facility, Bolivar.
CMH also operates a Bolivar-based residential care facility, Butterfield Residential Care Center.
[[In-content Ad]]


No comments on this story |
Please log in to add your comment
Editors' Pick
Home construction companies merge to launch new venture

Alair Springfield is first Missouri franchise for Canada-based company.

Most Read
Update cookies preferences