DALLAS, Texas (KWTX) Senior Care Centers, LLC, the largest nursing home provider in the state, which has a dozen facilities in Central Texas, is seeking Chapter 11 bankruptcy protection, but says “all facilities are expected to run without interruption.”
The company, with 10,000 patients and residents and 11,000 employees at facilities in Texas and Louisiana, said in a press release Tuesday that its goal “is to best position each of the company’s more than 100 skilled nursing and senior living communities to continue caring for residents while the company works to transition certain communities to new operators.”
“All communities are expected to continue serving our residents with high-level care, no matter who the operator is,” the company said.
Senior Care said the steps it’s taking should have no impact on patients and residents or the quality of the care they receive.
"After careful analysis, we determined that the protections afforded by the Chapter 11 process are the best way to address the Company's debt and costly leases while allowing us to continue to provide all the top-level care and support our residents deserve," said Kevin O'Halloran, the Company's chief restructuring officer.
"All of our patients, residents and their families can rest assured they remain our number one priority."
The Texas Health Care Association, Wednesday, called the bankruptcy filing a clear warning signal “about the seriousness of the state’s nursing home funding crisis.”
“Chronic underfunding of long term care has become the norm in Texas. Seventy-five percent of Texas nursing homes report the state’s reimbursement does not cover the cost of care. Funding challenges are making it difficult for nursing homes to compete in the job market, leading to annual staff turnover rates that exceed 90 percent,” said Texas Health Care Association CEO Kevin Warren.
“We know that other nursing homes are struggling. We’ve already seen two other national nursing home companies leave Texas, and others are waiting to see if relief will come this upcoming legislative session before making future business decisions. We’re hoping this isn’t just a wake-up call for our state leaders, but a call to action to address this before this becomes widespread across the state,” he said.
Senior Care Centers in Central Texas
Hill Country Rehab and Nursing Center
810 Industrial Ave.
Indian Oaks Living Center
415 Indian Oaks Dr.
The Rosewood Retirement Community
5700 E Central Texas Expy.
Senior Care of Hewitt
8836 Mars Dr.
Hearthstone SN Health Center
401 Oakwood Boulevard
Park Valley Inn Health Center
17751 Park Valley Dr.
Trinity Care Center
1000 E Main St.
Wyoming Springs Assisted Living and Memory Care
7230 Wyoming Springs Dr
Senior Care of Marlandwood East
1511 Marlandwood Road
Senior Care of Marlandwood West
1700 Marlandwood Road
Senior Care of Western Hills
512 Draper Dr.
Senior Care of Weston Inn
2505 S 37th Street