Receiver Services LLC and Ruby Care LLC did/do business

Seller Receiver Services LLC
Buyer Ruby Care LLC
Amount 1,180,109 USD
Goods "The purchaser shall purchase the following assets: the trade name “Harbour Health Multicare Center for Living; the business and operation of the Facility, except for the Excluded Assets; all inventory and supplies, and other articles of personal property used in the operation of the Facility; all resident funds held in trust; all prepayments of residents held by Seller, if any, for future services at the Facility and allocable to the period on and after the Asset Closing Date; all menus, policies and procedure manuals used in the operation of the facility; all computer software exclusively used in connection with the operation of the Facility; the telephone numbers and telefax numbers used by the Facility; all original records of all residents residing at the Facility on the Asset Closing Date; all employee and/or personnel folders and payroll records of personnel working at the Facility on the Asset Closing Date; copies of all other books and records of Seller relating to the facility on the Asset Closing Date; copies of all other books and records of Seller (including all property cost records) (or the electronic transfer of a copy of such date) relating to the Facility for all periods subject to audit on or after the Asset Closing Date; goodwill; to the extent assignable, Seller’s Medicare and Medicaid provider numbers and provider agreements; all surveys, plans, sketches and drawings relating to the facility; all accounts receivable arising from and attributable to the rendering of services to residents of the facility; all cash, cash equivalents, marketable securities and deposits in the operat ing accounts of the Facility; all retroactive rate increases and/or lump sum payments, resulting from rate appeals; prepaid expenses and deposits relating to the Assumed Contracts and all other physical assets of Seller relating to the facility other than the Excluded Assets."
Notes Receiver Services LLC was court appointed receiver for Presbyterian Senior Care of Western New York, Inc. in this transaction.
Updated over 5 years ago

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