Local Buyer Interested in Lake Shore Hospital

October 27, 2013 Updated Oct 27, 2013 at 6:27 PM EDT

By WKBW Admin

October 27, 2013 Updated Oct 27, 2013 at 6:27 PM EDT

IRVING (WKBW) A week and a half after the news broke that the Lake Shore Health Care Center in Irving would shut its doors, laying off hundreds of workers, there is new hope in this small community as the possibility of a potential buyer is now on the horizon.

No one is saying exactly who, but multiple Chautauqua County officials confirm there is now a local buyer interested in purchasing the hospital.

"It's my understanding that the finished deal has been written on paper. Now it's up to them to confirm that both sides are on the same page in that written deal," Chautauqua County Legislator George Borello said.

The local company would own the facility and lease out the operations, continuing to operate it as a hospital, with the hope of keeping a majority if not all of the 460 workers employed there. And that is great news to the small community of Irving.

"It's nice to keep the jobs for the people that live around here, that would be a huge break for the economy " Dale George said.

"We're all hoping and praying that it works out that way," David Wolk added.

The biggest hurdle for the deal is time. There is a lot to be done to transition a hospital from one owner and operator to another, and the current owner, the Lake Erie Regional Health System, had planned to close on January 31st.

"It falls on the current owners to do as much as they can to keep this facility intact until this transaction is completed," Borello said.