Lawsuits Drive 33 Preferred Care SNFs to Seek Bankruptcy Protection

Facing a slew of lawsuits, 33 skilled nursing facilities affiliated with one of the largest SNF operating companies in the nation have filed for Chapter 11 bankruptcy protection. Twelve of the SNFs are located in New Mexico and 21 are in Kentucky. They are all affiliated with Plano, Texas-based Preferred Care Partners Management Group, which […]