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Thursday, Dec 6 2018

Full Issue

Debt, 'Ballooning' Rents Lead Texas' Biggest Nursing Home Provider To File For Bankruptcy

Senior Care Centers operates more than 100 facilities in Texas and a handful more in Louisiana. In other news out of Texas, Little River Healthcare closes facilities following apparent lab test billing scheme.

Texas' largest nursing home provider, Senior Care Centers,聽has filed for bankruptcy in聽a serious聽setback for the聽Dallas-based company that drew fire last year for not evacuating聽patients before聽Hurricane Harvey struck. Senior Care Centers,聽which operates more than 100 facilities in Texas, filed for reorganization in U.S. bankruptcy court for the聽Northern District of Texas聽on Tuesday, reporting聽more聽than $100 million in debt. It's at least the second troubled聽nursing care聽giant in the Dallas area to file for bankruptcy since late last year. (Hacker and Ambrose, 12/5)

Senior Care Centers LLC, which operates about 110 facilities in Texas and Louisiana, filed for bankruptcy, blaming 鈥渂allooning鈥 rents and 鈥渟ignificant cuts鈥 in reimbursements from government agencies and private insurers. (Yerak, 12/5)

An embattled Texas provider that's slated to shutter two hospitals on Friday closed an outpatient clinic in Temple Wednesday. Little River Healthcare's primary- and specialty-care clinic King's Daughters Clinic was closed to patients Wednesday. The clinic's voicemail greeting did not say why the clinic was closed. (Bannow, 12/5)

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