Wednesday, October 26, 2022

Adirondack Health reaches preliminary non-binding agreement for sale of Mercy Living Center

Adirondack Health

TUPPER LAKE – Adirondack Health has reached a preliminary non-binding agreement to preserve access to long-term care in the Adirondacks by selling Mercy Living Center, a 60-bed long-term care facility in Tupper Lake, to an interested third party.

A non-binding agreement regarding details of a potential sale is in place at this time, and the parties are subject to a nondisclosure agreement that establishes confidentiality between Adirondack Health and the potential buyer.

“Adirondack Health seeks to do everything it can to keep long-term care options available in Tupper Lake and the Tri-Lakes region,” said Aaron Kramer, Adirondack Health president and CEO. “Even though we can’t talk, at this point, about what that might look like, we are committed to keeping our community stakeholders informed and felt this development was promising enough to share with our residents and their families, our staff, and the community of Tupper Lake. We look forward to providing additional information as soon as legally possible.”

Adirondack Health acquired Mercy Living Center from the Sisters of Mercy in January 2007. Staffing challenges and supply cost increases accelerated during the COVID-19 pandemic, rendering the business model unsustainable for the health system. Last year, Mercy Living Center posted a $3.4 million loss, which was borne by Adirondack Health. In 2020, the facility lost $2.3 million, and in 2019, it lost $1.5 million. This year, the projected loss is $4.4 million.

“We remain optimistic that the right entity could make the numbers work at Mercy,” added Kramer. “After much soul searching, we arrived at the conclusion that Adirondack Health is not that entity. But we have worked, and will continue to work, to ensure we effectively manage this necessary transition.”

About Adirondack Health: 
Adirondack Health is the family of facilities and individuals who have provided sophisticated care to the Adirondack region of northern New York for more than 100 years. Locations include Adirondack Medical Center in Saranac Lake, Lake Placid Health and Medical Fitness Center, Keene Health Center, Saranac Lake Health Center, Tupper Lake Health Center, St. Regis Falls Health Center, Mercy Living Center in Tupper Lake and Adirondack Health Dental Care in Lake Placid. The highly trained and compassionate individuals working at these facilities provide a full range of medical, surgical, and long-term care services. Adirondack Health is the only full-service health system in the Adirondack Park.

Adirondack Health is not only the leading provider of healthcare for the residents and visitors of the Adirondack region, but also the largest private employer in the Adirondack Park. In addition to the physical and social health of the community, Adirondack Health plays a significant role in the economic health of the community. With more than 900 full-time employees, Adirondack Health has a $169 million annual impact on the local economy.  As a result of these factors, and more, Adirondack Health is a key community institution and an advocate for improving the health and economic well-being of the patients, residents, businesses, and visitors it serves.

 To learn more about the programs and services of Adirondack Health, visit adirondackhealth.org.

Photo at top provided by Matt Scollin, Adirondack Health Director of External Affairs.

Related Stories


Community news stories come from press releases and other notices from organizations, businesses, state agencies and other groups. Submit your contributions to Almanack Editor Melissa Hart at editor@adirondackalmanack.com.




Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Wait! Before you go:

Catch up on all your Adirondack
news, delivered weekly to your inbox