The Texas Health Care Association filed for a Chapter 11 bankruptcy on Wednesday.
It is the state’s largest long-term care providers of Senior Care Centers. Caring for over 10,000 patients and employing over 11,000 employees.
In a press release, they said jobs may be lost, local economies will be impacted and senior Texans and their families will be affected.
Here are the long-term care providers in Central Texas affected by the bankruptcy:
- Hill Country Rehab and Nursing Center - Copperas Cove
- Indian Oaks Living Center - Harker Heights
- The Rosewood Retirement Community - Killeen
- Senior Care of Hewitt - Hewitt
- Senior Care of Marlandwood East - Temple
- Senior Care of Marlandwood West - Temple
- Senior Care of Western Hills - Temple
- Senior Care of Weston Inn - Temple
The CEO of the Texas Health Care Association Kevin Warren made a statement on the bankruptcy:
“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.
This has reached a crisis level, and the timing could not be worse. The over-65 population in Texas is set to double by 2030. Fewer family caregivers are available to provide care for their loved ones. Increasingly complex medical conditions such as Alzheimer’s, Parkinson’s and other dementia require a different level of care in Texas nursing homes.
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.”
Copyright 2018 KXXV. All rights reserved.