When a skilled nursing provider enters receivership or bankruptcy, the safety and wellbeing of the residents is the top priority for all parties involved. The financial struggles raise questions about the continued provision of necessary care, and the safe transfer of operations becomes paramount. But in many recent SNF bankruptcies, or cases where a SNF […]
The skilled nursing industry was roiled on several fronts in 2018. The new Medicare payment model from the Centers for Medicare & Medicaid Services was a major headline, but the year was also marked by several high-profile bankruptcies, receiverships, and general distress among SNFs. And the leader of a Connecticut-based operator that specializes in managing […]
Temporary oversight of eight former Skyline Healthcare skilled nursing facilities in Pennsylvania has come to an end. The administration of Gov. Tom Wolf last Friday announced that the eight facilities had been sold to new owners, consisting primarily of private investors. “The Wolf administration would like to thank the employees, contractors, and others who have […]
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