Major skilled nursing home chain files Chapter 11 bankruptcy

TheStreetTuesday, October 14, 2025 at 7:17:00 PM
Major skilled nursing home chain files Chapter 11 bankruptcy
A major skilled nursing home chain has filed for Chapter 11 bankruptcy, highlighting the ongoing struggles in the healthcare sector. This situation arises amid a political stalemate in Congress over the expiring Affordable Care Act subsidies, which has left many individuals and families in uncertainty. The implications of this bankruptcy could ripple through the healthcare system, affecting not only the employees and residents of the nursing homes but also the broader discussions on healthcare reform in the U.S.
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