Certus announces successful conclusion of receivership and sale of Psychiatric Residential Treatment Facility for Youth

[EAST BETHEL, MN] — Certus Financial, LLC, a distinguished leader in healthcare and facility management, is pleased to announce the successful conclusion of the receivership of Cambia Hills of East Bethel, a Psychiatric Residential Treatment Facility for youth located in East Bethel, Minnesota.

Certus has achieved several significant milestones during its efforts as receiver, transitioning the building to a new operator:

  • Cost Containment Measures: Certus implemented value-engineered cost containment measures to ensure preservation of the facility.
  • National Marketing Search Program: A national marketing effort was conducted to facilitate the sale of the property, attracting qualified buyers from across the country.
  • Restoration of Licensure: The primary goal of Certus was to restore the facility under its prior licensure with a qualified operator, ensuring the continuation of vital services for youth in need.
  • Customized Adolescent Behavioral Health Facility: The facility is designed for highly functional, specialized residential care dedicated to adolescent behavioral health, providing tailored care to meet the unique needs of young individuals.
  • National-Level Operators: The facility has been sold to an operator with a national presence who also carries a deep understanding of local logistics, ensuring seamless operations and community engagement.
  • State-of-the-Art Building Systems: Throughout the receivership, Certus maintained the state-of-the-art mechanical and building systems to preserve the facility’s operational efficiency and safety.
  • Collaboration with Local Authorities: Certus established a strong and productive working relationship with city, county, and state representatives to provide the necessary structure to support ongoing operations of the program.

Notably, as a result of efforts towards the Cambia Hills project Certus has recently been awarded the 2024 Turnaround of the Year Award by the MN Turnaround Management Association.

Certus appointed General Receiver of Psychiatric Residential Treatment Facility for Youth in East Bethel, MN.

Certus Financial, LLC, has been appointed by the District Court in Anoka County, Minnesota as successor general receiver of Cambia Hills of East Bethel, a Psychiatric Residential Treatment Facility for youth.

As receiver, Certus will seek to relicense the community and work with state and local officials to ensure successful turnaround and sale of the facility to a new, qualified operator.