Some Facts about Nursing Home Bankruptcies

Most of the facilities that have filed for Chapter 11 are part of a small handful of large multi-state chains. Bankruptcy charts prepared by the American Health Care Association showed that, as of May 4, 2000, 1460 of 1651 facilities in bankruptcy were part of four multi-state chains (Sun Health Care, Vencor, Mariner, and IHS). The bankruptcy charts do not reflect the June bankruptcy filing of Genesis.