The nursing home to the movie industry may have found a life line with a new agreement after a two year saga over its proposed shutdown. The Motion Picture & Television Fund (MPTF) announced last week that it has entered into a non-binding letter of intent with Providence Health & Services California that will enable MPTF to continue providing long-term care services on its campus, setting aside its closure announcement of early 2009.
The terms of the proposed agreement state that Providence would sign a long-term master lease agreement for the MPTF hospital facilities and the state licenses for the 250-bed hospital would be transferred to nearby Providence Tarzana Medical Center. MPTF and Providence stated that they will continue to meet the needs of the entertainment community through industry-exclusive long-term care and dementia care units.
“Over the last year, I have been working closely with my fellow board members and management to find a positive resolution to our long-term care and acute care issue. With this letter of intent, the framework is now in place to accomplish that. The new affiliation with Providence Health & Services will create a vibrant medical campus with services never before available to our industry members. It exceeds all expectations by providing continuity for our current long-term care residents and a continuum of care for our 180 campus residents in independent and assisted living, including long-term care and our dementia care unit Harry’s Haven,” said Bob Beitcher, chief executive officer of MPTF.