[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.