Care Center May Hit Bankruptcy
Posted on Mar 21, 2011 8:50pm PDT
Shepherd of the Valley Care Center in the Wyoming area may be filing for bankruptcy in the near future. The nursing home might even face closure which would cause major problems for the 150 patients who stay there. The nursing home has not been able to keep up with the 10 percent per years health care inflation despite Medicaid reimbursements. Reportedly, a number of nursing homes in the state are suffering from financial problems.
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