The sale of bankrupt Iowa-based QHC facilities may be blocked — again — this time by the Centers for Medicare & Medicaid Services (CMS). The federal agency is concerned the deal will not cover $1 million owed to it. Blue Diamond Equities, a New Jersey-based privately owned real estate holdings and management company, proposed to […]
QHC Management
The second attempted sale of a bankrupt Iowa nursing home chain may be held up yet again as the current owner reportedly has plans to close three of the 10 facilities. QHC was expected to sell its portfolio to Cedar Health Group after a federal bankruptcy judge gave the green light to the deal back […]
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