A nursing home chain has been accused of moving funds around to pay delinquent bills among its nursing homes. One nursing home has taken money out of employee paychecks to pay insurance premiums only to find the employees had no actual insurance. The main concern is patient care with fficient finds to
“In sum, defendants’ financial situation is something more than doubtful — it is dire,” an attorney told the court. “Moreover, the court is mindful that defendants operate skilled nursing homes with hundreds of patients. Operational mishaps, service interruptions, and license revocations may well affect the health and safety of patient-residents.” For more, read the story.
