The fate of Glen Rose Nursing and Rehab Center could be discussed by Somervell County commissioners on Tuesday, Nov. 13.
"I have been notified that there could be an item on the agenda referring to the lease of the nursing home," Judge Mike Ford said Monday.
Nursing home administrator Mo Sheldon confirmed there is a party that is "definitely interested in leasing" the facility.
"There have been ongoing discussions about the lease for some time," Sheldon said. "At least for a few months."
The review of a proposed lease agreement was on the Oct. 25 agenda for the Somervell County Hospital Authority.
"The contract the authority has with the county allows them to sublease if they so desire," Ford added. "I suspect we may be presented with a lease document at next week's meeting. The court must take action for the lease to move forward."
Putting management in the hands of another company would cut losses for the county, according to Ford.
"There are significant (financial) losses at the nursing home - hundreds of thousands of dollars annually," he said. "Most of the residents of the nursing home are on Medicare or Medicaid, and when you weigh that against the cost of providing services, the loss is significant."
The nursing home is currently run by Glen Rose Medical Center under the direction of the authority, and Ford said that makes the nursing home unique.
"Not many hospitals are in the nursing home business," he said, adding leasing the facility would "certainly make a difference in how we (the county) view the hospital's financial condition."
Ford also said the No. 1 thing on local officials' minds is ensuring that the hospital remains operational and able to provide the services local residents deserve and need while remaining financially responsible.
Commissioners will meet at 9:30 a.m. Tuesday, Nov. 13.
The agenda will be posted at yourglenrosetx.com as soon as it is available.