00105685 —

Oct 2-9:20
Listing Began:

Description

Seller's Comments and Description:

MHCC Notice

Proposed Acquisition of Property, Bed Rights and Operating

Rights of Althea Woodland Nursing Home

The Maryland Health Care Commission (MHCC) reviews nursing home acquisitions to ensure they support Maryland’s goals of health equity, increased access and better care. On September 23, 2026, MHCC accepted a complete application from Adam Sanders, through his companies Woodland Holdco, Incorporated and Woodland Propco LLC, to become the sole owner of the real estate, bed rights, and operations of Althea Woodland Nursing Home. Mr. Sanders is the current Administrator of Althea Woodland Nursing Home. These changes are scheduled to happen no earlier than November 20, 2026.

Who’s involved?

Althea Woodland Nursing Home is a four-star nursing home facility located at 1000 Daleview Drive in Silver Spring, MD. It has 50 beds – 19 private room beds, 24 semi-private room beds (two beds per room), 3 triple-room beds (three beds per room), and 4 quad-room beds (four beds per room). Currently, 30.6% of its residents are enrolled in Medicaid.

Woodland Holdco, Incorporated is a corporation that is wholly owned by Adam Sanders. The current owner of the bed rights and operations of Althea Woodland is Silver Spring Health, LLC, owned by Toni and Philip Meyer. After this transaction, Adam Sanders via Woodland Holdco, Incorporated will own 100% of the bed rights and operations.

Woodland Propco LLC is a single member LLC owned by Adam Sanders. The current owner of the real property is Mountainaire Health, LLC, owned by Toni and Philip Meyer. After this transaction, Adam Sanders via Woodland Propco LLC will own 100% of the real property.

Adam Sanders is the current Administrator of Althea Woodland Nursing Home. He is also the part owner and primary operating partner of Hill Haven Nursing Home, a three-star facility in Commerce, Georgia.

About the deal

The deal is scheduled to take place no earlier than November 20, 2026. The applicant posted notice to the residents, their representatives, and staff on July 30, 2026. If this deal proceeds, Silver Spring Health, LLC will remain the operator and licensee, with Woodland Holdco, Incorporated owning 100% of its membership interest. Silver Spring Health, LLC will also enter into a lease agreement with Woodland Propco LLC. Adam Sanders, through his ownership of Woodland Holdco, Incorporated and Woodland Propco LLC, will have ultimate control of the mhcc.maryland.gov real property, operations, and bed rights.

Neither Adam Sanders nor his related entities, Woodland Holdco, Incorporated and Woodland Propco LLC, currently own any facilities in Maryland. After the transaction, Adam Sanders via his companies will control 50 beds in Montgomery County. Per the application, the applicant intends on maintaining Medicaid utilization consistent with Montgomery County’s benchmark (40.5%). Additionally, the applicant plans to make adjustments to the facility layout to ensure no resident room exceeds two occupants.

What’s Next?

MHCC is reviewing this deal to understand how it could affect the public interest for communities in Maryland. After completing the review, the Commission will issue a decision about whether the deal may proceed as planned.

We want to hear from you!

MHCC is inviting public comments from individuals who: (i) reside in Althea Woodland Nursing Home, (ii) have family members who reside in Althea Woodland Nursing Home or (iii) are employed at Althea Woodland Nursing Home.

All comments must be submitted to the Commission via mhcc.confilings@maryland.gov. For additional details, please visit the Commission’s Public Comments page.

Please submit comments by October 9 for it to be considered during this review process.

For additional information, please contact Shannon Ward, Program Manager at 410-764-3232 or

shannon.ward1@maryland.gov.

October 2, 2026, 2026 Ad#105685





wash-times

Member Since:
Jan 24, 2017

Washington, DC, 20002

(202) 636-3109

Visit My Web Site

Powered by Geodesic Solutions, LLC