Skilled Healthcare's $677 million verdict to be officially dropped to $50 million with settlement
A settlement in the year's most eye-popping nursing home-related lawsuit is expected to be finalized Tuesday in California's Humboldt County Superior Court. That's where Skilled Healthcare Group hopes to receive final approval for a $50 million settlement in a class action lawsuit that threatened to hurtle the provider into bankruptcy proceedings. A jury made national headlines earlier this year when it slammed the chain with a $677 verdict for its role in the case, which alleged short-staffing at 22 California facilities.
Instead, Skilled is expected to pay the lesser amount. It admitted no wrongdoing in agreeing to the settlement but has consented to increased oversight, including an outside monitor to track staffing levels for at least two years.
Skilled operates about 100 facilities in seven states, offering everything from assisted living to skilled nursing, as well as hospice, therapy and other services.