Camden Diocese seeks to sell nursing homes

CAMDEN, N.J. (AP) — The Camden Diocese is seeking to sell its three nursing homes.

The diocese says insufficient Medicaid reimbursements created a $6 million shortfall last year.

In a statement, Bishop Dennis Sullivan says the current nursing-home model cannot be sustained.

The diocese says proceeds from the sale would be directed toward assisting families with a wide range of health-related issues.

The diocese will ask prospective buyers to maintain the homes' Catholic identity.

The nursing homes are located in Cherry Hill, Pleasantville and Vineland.

©2014 by The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.