The initial sale of Schuylkill County's nursing home, Rest Haven, has fallen through. But another company was waiting in the wings to step in.

Investment 360, Lakewood, New Jersey, has offered $10.9 million for the nursing home, the Schuylkill commissioners announced Wednesday morning.The sale is expected to be finalized in August.Commissioners on Feb. 4 agreed to sell the home to Nationwide Health Care Solutions, Brick, New Jersey, for $12.25 million.But in recent weeks, as both parties approached finalizing the sale, Nationwide withdrew its offer.Investment 360 was among the three finalists for the sale.Commissioners said Wednesday that the lower price wasn't as important as assuring continuity of care for residents of Rest Haven.According to Investment 360's website, it was founded in 2006 by a group of long-term health care professionals, and specializes in the acquisition of skilled nursing facilities.The firm has also "engaged in pioneering work to turn distressed health care facilities into profitable industry leaders, allowing them to restore their reputations and deliver maximum value to their patients."Investment 360 operates 17 health care facilities in six states, including Pennsylvania.Commissioners in August 2014 decided to sell the home after tallying up the costs continued to exceed the home's budget by millions of dollars.Rest Haven, built in Schuylkill Haven 1912, has 142 beds, and had 113 full-time and 130 part-time workers, and 142 residents as of August 2014.See Thursday's Times News for the full story.