Petersen Health Care, a company that operates approximately 100 nursing homes and assisted living facilities in the US Midwest, is preparing to file for Chapter 11 bankruptcy next month. This development follows reports on financial issues faced by a Roxbury nursing home since December, highlighting the broader financial struggles within the sector. The CEO of the Roxbury nursing home earned $628,592 in the 2021 tax year.
Petersen Health, a company that runs ~100 nursing homes is about to file Ch. 11 bankruptcy next month...
A big one. Petersen Healthcare,which runs around 100 nursing homes and assisted living facilities in the US Midwest, is preparing to file for Chapter 11 bankruptcy in the coming weeks. @business
Petersen Health Care, which runs some 100 nursing homes and assisted living facilities in the US Midwest, is preparing to file for Chapter 11 bankruptcy in the coming weeks https://t.co/awQkBHqrUh
Great reporting by @MaggieAngst on @HealthRIGHT360 — I’ve been calling out their grift for ages and I’m glad they’re being investigated. Twelve execs make between $234K & $312K a year. Millions of reasons to lie. https://t.co/k2Ot5UUQAX https://t.co/Wv3ujzCQ5X
We've been reporting on a Roxbury nursing home's financial issues since December and the impact on employees. @ReporterMarina has confirmed the nursing home intends to close. The CEO earned $628,592 in the 2021 tax year. #boston25 https://t.co/ZhhkLOa7bG