Nursing home giant Consulate Health Care may be undergoing a rebranding and restructuring, according to a Tampa Bay Times report.
Despite being the largest nursing home provider in Florida, and one of the largest in the country, Consulate no longer has any long-term care facilities listed in the state on the company’s website, as reported by the Times on Wednesday.
The operator appears to have split up into three individual companies within Florida – Independence Living Centers, Raydiant Health Care Services and NSPIRE Healthcare, according to the Times.
As of January 2021 Consulate had 140 skilled nursing and assisted living centers – 81 of which were in Florida.
Attempts by Skilled Nursing News to reach Consulate for comment were unsuccessful as of Wednesday evening.
“Consulate broke into four different companies,” a receptionist at Consulate Health Care’s office in Georgia told the Times. “Anything that’s outside of the state of Florida is still considered Consulate. Anything inside the state of Florida has been divvied up between Radiant, Independence and NSPIRE. But we are still the corporate office for any of those companies.”
The apparent restructuring of the company comes on the heels of a bankruptcy filing and a financial settlement with the Department of Justice.
Consulate was able to avoid nearly the entirety of a $258 million False Claims Act judgment last year – instead agreeing to pay $4.5 million after filing for bankruptcy and citing the financial impact of the pandemic.
The deal, which was officially approved by a U.S. bankruptcy judge in September 2021, emanated from a decision by a federal appeals court in Florida to reinstate part of a verdict that was initially overturned in 2018.
Several former executives at Consulate – including former CEO Chris Bryson, COO Tim Lehner and CFO Greg Hayes – seemingly made the move to join newly formed Atlanta-based Synergy Health Care Services at the end of last year.
Synergy HCS describes itself as a “trusted consultant” to post-acute operators spanning multiple states, according to its LinkedIn page.
“With expertise in a broad range of administrative services, we work behind-the-scenes to deliver solutions that allow providers to focus on what they do best, patient and resident care,” the page states.
Jennifer Trapp, vice president of brand management for Synergy HCS and former Consulate spokesperson, told the Times that Synergy is an independent company that contracts with Consulate.
“The buildings in Florida were acquired by other operating management companies,” she told the Times. “The company that I work for, we contract with several different providers, including Consulate, who operates outside of the state of Florida.”
Companies featured in this article:
Consulate, Consulate Health Care, Independence Living Centers, NSPIRE Healthcare, Raydiant Health Care, Synergy HCS, Synergy Health Care Services