County officials warn nursing center finances 'dire'; LOI for sale to be discussed at full board

Davidson County finance committee members said the county-owned nursing center is facing an urgent cash shortfall and vendor pressure, and asked board members to review a pending letter of intent (LOI) before the full county board meets Wednesday.

Committee members warned the facility is at risk of losing essential services if vendors stop work. “It’s about as dire as it possibly gets,” said a County board member who spoke during the finance committee meeting. The committee reported $327,616 in accounts receivable recommended to be written off and said several vendors have threatened to discontinue service or take legal action.

The status of key vendors and payroll was a central focus. The committee reported unpaid balances including $331,000 past due for current food service, $242,000 to a staffing agency (Employer…