Bankruptcy

A California company that operates 35 nursing homes in two states has filed for bankruptcy, making more real frequent warnings that financial pressure will soon lead to broad collapses across the sector.

Iowa has increased its Medicaid rate, put millions of dollars into workforce development, approved tort reform, and enacted a moratorium on new nursing home licenses, but the state continues to lose nursing...

Senior care providers accounted for more than a quarter of major healthcare bankruptcies in the last several years, and with mounting pressures caused by excess staffing agency use and other financial...

Ongoing financial difficulties and a need for money to settle sexual-abuse cases is forcing the Archdiocese of New Orleans to sell its nursing homes and other elder care interests.

A struggling nursing home that owes nearly $4 million in state fees will likely be able to remain open, thanks to Iowa’s reconsideration of a bankruptcy strategy.

A once-thriving chain of Iowa nursing homes now knee-deep in bankruptcy is getting closer to a settlement with the federal government over millions in unpaid fines, which would allow a sale of the troubled...

Skilled nursing struggles help drive healthcare bankruptcies higher … MN hospital’s staffing challenges could lead it to close county’s only SNF … AI model uses breathing patterns to detect signs...

A Florida nursing home operator’s bankruptcy plans could be in jeopardy as federal regulators argue that granting the provider protection would prevent residents and their families from pursuing future...

Six affiliated nursing home businesses of Consulate Health Care have filed for Chapter 11 bankruptcy in response to a $258 million judgment in a False Claims Act case against the operator.

When Senior Care Centers announced last week it would seek creditor protection, shockwaves quickly shot through the field. After all, this was no mom-and-pop operator.