Blumenthal: Temporary agreement reached with nursing home chain
State Attorney General Richard Blumenthal says the agreement was reached after a day of hearings and negotiations. A document outlining the details of the agreement must be submitted to a federal bankruptcy court judge by Friday.
The restructuring officer would have the power to co-sign checks, co-approve financial transactions and approve any employee firings. The officer would also work with a new patient ombudsman, who is expected to be selected by Friday.
Blumenthal says the state still wants the court to appoint a trustee with broader powers to oversee operations at the nursing home chain. A hearing is scheduled for December 17.
Haven Healthcare has filed for Chapter 11 bankruptcy and faces state investigations into allegations it misused millions of dollars in Medicaid funding. The company denies the claims.
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