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A federal judge in Florida has determined that a legal case involving more than $1 billion in wrongful death and other judgments against a bankrupt nursing home company can proceed.
A legal case involving $1 billion in wrongful death and other judgments against a bankrupt nursing home company can proceed, a federal court has ruled. The matter involves private equity firm GTCR, which was helmed by current Illinois Republican gubernatorial candidate Bruce Rauner.
Long-term care providers are sitting anxiously on the sidelines as members of Congress tussle with what to do before the end of the month about certain healthcare payment formulas. What will actually be done — or not done — is a great unknown. But providers can be certain there will be at least one political arena where they're going to take a beating soon, and it's going to stretch out through the November elections.