Home Health & Hospice Week
Sale Of Bankrupt HHA Falls Through
The sale of a troubled Indiana home care company has fallen through. A few months ago, Alliance Home Health Care in Indianapolis announced plans to buy troubled Nightingale Home Healthcare Inc. in Carmel for up to $3 million (see Eli’s HCW, Vol. XXV, No. 23). Nightingale declared bankruptcy last December and then lost a battle against Medicare termination.
The reasons Alliance is putting the brakes on the sale are in dispute, reports the Indianapolis Business Journal. Alliance says census numbers were lower than initially stated, while Nightingale implies Alliance’s funding fell through.
Regardless, Nightingale is notifying its patients that it is closing its Indiana agency, the newspaper reports. The company will continue to operate in other states. It lists 11 locations in nine states on its website.
Home Health & Hospice Week
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Sale Of Bankrupt HHA Falls Through
The sale of a troubled Indiana home care company has fallen through. A few months [...]
