Peterson Health Care News

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Judge clears way for new Petersen Health financing as bankruptcy

(5 days ago) WEBPetersen Health Care can borrow $45 million while in Chapter 11 bankruptcy to maintain operations at its nursing homes and make the properties more appealing to …

https://www.mcknights.com/news/judge-clears-way-for-new-petersen-health-financing-as-bankruptcy-advances/

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Nine more Petersen Health Care facilities are placed into - MSN

(4 days ago) WEBIn that case, X-Caliber Funding LLC claims that Petersen Health Care owes more than $31 million. Petersen Health Care was founded in 1974 and owns nearly 100 senior living …

https://www.msn.com/en-us/money/companies/nine-more-petersen-health-care-facilities-are-placed-into-receivership/ar-BB1i00IN

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Petersen Health Care will borrow cash to stay operational during

(8 days ago) WEBPublished May 16, 2024 at 11:16 AM CDT. Petersen Health Care will be allowed to tap into a line of credit of up to $45 million as the company's bankruptcy case …

https://www.wglt.org/illinois/2024-05-16/petersen-health-care-will-borrow-cash-to-stay-operational-during-bankruptcy-proceedings

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Creditor dispute holds up major nursing home bankruptcy sale

(2 days ago) WEBApril 29, 2024. ›. Petersen Healthcare — operator of nearly 100 rural Midwest long-term care facilities — hit a snag last week in its plans to restructure and sell struggling …

https://www.mcknights.com/news/creditor-dispute-holds-up-major-nursing-home-bankruptcy-sale/

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Petersen Health Care plans to stay in business amid allegations of …

(5 days ago) WEBPetersen Health Care plans to remain in business despite allegedly owing more than $55 million to two lenders now seeking to make good on that debt in federal …

https://www.wcbu.org/local-news/2024-02-26/petersen-health-care-plans-to-stay-in-business-amid-allegations-of-55-million-owed-according-to-report

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17 Petersen Nursing Homes Embroiled in Foreclosure Suits …

(6 days ago) WEBPetersen Health Care faces two foreclosure cases filed in the Illinois Northern District Court – litigation is linked to an alleged failure to repay nearly $51 …

https://skillednursingnews.com/2024/02/17-petersen-nursing-homes-embroiled-in-foreclosure-suits-involving-nearly-51m-in-loans/

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Petersen Health Care in battle for $50 million share of massive …

(7 days ago) WEBAn operator of nearly 100 Midwest care facilities is now embroiled in a two-front legal battle over more than $50 million in loans. Two lenders say that Petersen …

https://www.mcknights.com/news/petersen-health-care-in-battle-for-50-million-share-of-massive-nursing-home-portfolio/

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Petersen Health Care Files Voluntary Petition for Relief Under …

(2 days ago) WEBPEORIA, Ill., March 20, 2024--Petersen Health Care ("Petersen" or "The Company"), an operator of nursing homes and assisted living and long-term care facilities in Illinois, …

https://finance.yahoo.com/news/petersen-health-care-files-voluntary-222600307.html

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Petersen Health Care faces foreclosure on nearly $51 million in loans

(6 days ago) WEBPEORIA – Two lenders are alleging Petersen Health Care failed to repay a total of nearly $51 million in loans. Seventeen health care facilities owned by the Peoria …

https://www.pjstar.com/story/news/2024/02/05/peoria-based-health-care-company-facing-foreclosure-on-massive-loans/72473561007/

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Despite financial struggles, Petersen Health Care says it's 'not …

(6 days ago) WEB0:03. 1:18. Nineteen of the Peoria-based company's nursing homes were placed into receivership earlier this year. Petersen says inadequate funding, a …

https://www.pjstar.com/story/news/local/2024/03/19/petersen-health-care-says-its-not-going-out-of-business-will-restructure/72972024007/

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Petersen's sale of nursing homes hits a snag as creditor objects to

(8 days ago) WEBPetersen Health Care. A federal bankruptcy judge is encouraging Petersen Health Care to work out a dispute with one of its creditors and avoid a protracted legal …

https://www.wcbu.org/local-news/2024-04-25/petersens-sale-of-nursing-homes-hits-a-snag-as-creditor-objects-to-bankruptcy-process

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Nursing home co. Petersen files for bankruptcy after cyberattacks

(3 days ago) WEBLoan defaults caused 19 properties to enter receivership. NEW YORK, March 21 (Reuters) - Petersen Health Care, one of the largest nursing home operators …

https://www.reuters.com/legal/litigation/nursing-home-co-petersen-files-bankruptcy-after-cyberattacks-2024-03-21/

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Senior Living Firm Petersen Health Care Plans Bankruptcy Filing

(4 days ago) WEB1:06. Petersen Health Care Inc., which runs around 100 nursing homes and assisted living facilities in the US Midwest, is preparing to file for Chapter 11 bankruptcy …

https://www.bloomberg.com/news/articles/2024-02-16/senior-living-firm-petersen-health-care-plans-bankruptcy-filing

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Multiple local nursing facilities at risk of foreclosure, according to

(4 days ago) WEBPublished: Feb. 19, 2024 at 6:29 PM PST. PEORIA (25News Now) - Seven local nursing and long-term care facilities are at risk of foreclosure as their Peoria-based parent …

https://www.25newsnow.com/2024/02/20/multiple-local-nursing-facilities-risk-foreclosure-according-court-documents/

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Petersen Health Care files for bankruptcy amid financial - MSN

(1 days ago) WEBPEORIA - Petersen Health Care filed for bankruptcy March 20. The Peoria-based company filed for Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware to facilitate …

https://www.msn.com/en-us/money/companies/petersen-health-care-files-for-bankruptcy-amid-financial-struggles-plans-to-restructure/ar-BB1kiKxK

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Latest News Peterson Center on Healthcare

(2 days ago) WEBThe Peterson Center on Healthcare, a founding partner and governing member of Civica Rx, announced today $5 million of new funding to support an …

https://petersonhealthcare.org/latest-news

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News Peterson Health

(6 days ago) WEBPeterson Specialty Care ; Peterson Women’s Associates News Home; Peterson Health Names Chasity Cox as 2024 Florence Nightingale Award Winner; …

https://www.petersonhealth.com/news/

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Peterson Center on Healthcare

(4 days ago) WEBThe Peterson Center on Healthcare is dedicated to transforming U.S. healthcare into a high-performance system by improving quality and lowering cost. Our programs are …

https://petersonhealthcare.org/?gad_source=1

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Private equity in health care: three takeaways going forward

(9 days ago) WEBThree takeaways are: (1) Health care reimbursement is finite. The goal of short-term investments in providers that depend on third party reimbursement is a hard …

https://www.reuters.com/legal/litigation/private-equity-health-care-three-takeaways-going-forward-2024-05-09/

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Petersen Health Care has no plans to go out of business, despite …

(7 days ago) WEBFollowing widespread media reports citing unnamed sources that Petersen Health Care is planning to file for bankruptcy, the operator of nearly 100 care facilities in …

https://www.mcknights.com/news/petersen-health-care-has-no-plans-to-go-out-of-business-despite-all-too-familiar-challenges-rep/

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OA Peterson Construction Co., Inc - Home

(6 days ago) WEBFounded by Oscar A. Peterson in 1914, the O.A. Peterson Construction Company is now in its fourth generation as a family-owned and operated organization. O.A. Peterson …

http://www.oapeterson.com/

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Out-of-pocket costs for patient portal messages reach $25

(6 days ago) WEBPublished: 08 Mar 2024. It’s getting increasingly common for healthcare providers to bill for patient portal messages, and it’s leaving some patients on the hook …

https://www.techtarget.com/patientengagement/news/366584295/Out-of-pocket-costs-for-patient-portal-messages-reach-25

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Hudsonview Health Care Center Nursing Home in North Bergen, NJ

(9 days ago) WEBOverview. Hudsonview Health Care Center in North Bergen, NJ has a short-term rehabilitation rating of Below Average and a long-term care rating of Average. It is a very …

https://health.usnews.com/best-nursing-homes/area/nj/hudsonview-health-care-center-315112

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St. John lends personal touch to health care - Yahoo

(5 days ago) WEBMay 15—By CHRIS PETERSON Hungry Horse News Family nurse practitioner Angela St. John has a personal touch for sure. While you may get stuck in a phone tree …

https://www.yahoo.com/lifestyle/st-john-lends-personal-touch-035900145.html

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Home - OA Peterson Construction Co., Inc

(5 days ago) WEBBuilding New Jersey Since 1914. Founded by Oscar A. Peterson in 1914, the O.A. Peterson Construction Company is now in its fourth generation as a family-owned and …

http://www.oapeterson.com/home.html

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New Jersey’s Lucy the Elephant ranked No. 1 must-see - News 12

(3 days ago) WEBNow, a beloved roadside attraction is getting major props. According to USA Today, Margate City's "Lucy the Elephant” takes the top spot for must-see roadside …

https://newjersey.news12.com/lucy-the-elephant-ranked-no-1-must-see-roadside-attraction-in-us

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Walmart's strong first quarter driven by - Associated Press News

(7 days ago) WEBBut Walmart is scaling back in areas where it has not done well and said last month that it would close its health centers and virtual care service. Walmart reported …

https://apnews.com/article/walmart-firstquarter-earnings-inflation-economy-2dc446f6df16aa8c1cfc76df81a9ae1f

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