Latest news with #LutheranHome
Associated Press
28-05-2025
- Business
- Associated Press
New Joint and Spine Clinic to Open on Lutheran Home Campus in Arlington Heights
ARLINGTON HEIGHTS, Ill., May 28, 2025 (SEND2PRESS NEWSWIRE) — Lutheran Home announced the opening of a new Joint and Spine Clinic on its campus, adding to the full spectrum of care and services conveniently offered. The clinic opens in June and provides innovative and interventional treatments for musculoskeletal pain. This first-of-its-kind clinic within a senior living community will offer both evaluations and treatments, eliminating the need for hospital visits for many procedures. Led by esteemed physicians Dr. Sajjad Murtaza and Dr. Akash Jindal, the clinic will serve the residents of Lutheran Home as well as the broader Arlington Heights community. Dr. Murtaza, a double board-certified specialist in sports medicine and interventional pain, has a long-standing presence in the northwest Chicago area and helped establish the Spine Center at Northwest Community Hospital. Lutheran Home's many services help residents with a full spectrum of care and services, including its MyRehab, which offers outpatient and short-term rehabilitation therapy. The new Joint and Spine clinic will work cooperatively with MyRehab, providing treatments in a light-filled environment that features private suites, a state-of-the-art therapy gym, atrium spaces, spacious living rooms and bistro-style dining. 'This clinic is designed to optimize therapy and work closely with the MyRehab physical therapy suite to provide customized, post-treatment plans,' said Dr. Murtaza. 'We want to educate the community on pain management options and introduce them to treatments that can significantly improve their quality of life.' The Joint and Spine Clinic will focus on identifying pain generators and addressing the root causes of pain through non-surgical, interventional medicine. The clinic will not offer opioids or chiropractic care but will instead provide advanced procedures such as diagnostic injections, EMG imaging and therapeutic interventions for spine and joint conditions. While imaging such as MRIs will be conducted at local hospitals, many treatments, including injections, will be available on-site. 'This new clinic is a perfect addition to our campus, offering residents and community members convenient access to outstanding doctors and cutting-edge treatments,' said Jennifer Darnell, VP of Sales & Marketing at Lutheran Life Communities. 'We are happy to offer these innovative treatments to enhance the health and wellness of our residents, and having these services available on-site means they can conveniently receive expert care.' SERVICES OFFERED AT THE JOINT AND SPINE CLINIC: Currently, 40% of patients at Dr. Murtaza's other clinics are seniors who receive physical medicine and rehabilitation. With a majority of residents at Lutheran Home experiencing at least one spine or joint issue, this clinic aims to meet a significant need. By bringing treatment directly to the Lutheran Home campus, residents and community members will benefit from a local, convenient resource. 'We have found that most patients are not even aware or have never been educated on what treatments are available for their joint and spine pain and the great outcomes they can have,' said Dr. Murtaza. 'We are looking forward to offering relief to Lutheran Home residents and to the community.' The clinic will begin with limited hours, and accepts most private insurance plans and Medicare. Patients will also have access to convenient communication methods, including text-based appointment updates and a secure HIPAA-compliant system for submitting insurance information. Appointments at the Joint and Spine Clinic can be made by calling 312-757-4647 or visiting our website at On June 10, Dr. Murtaza will lead a presentation at Lutheran Home to explain how the Spine and Joint's pain management physiatrists use evidence-based approaches to managing pain, enhancing mobility and improving your quality of life—all without the risks associated with narcotic medications. To RSVP and learn more, visit: ABOUT METROPOLITAN INSTITUTE OF PAIN Metropolitan Institute of Pain employs a fully integrated approach to your healthcare to ensure the precise evaluation, diagnosis and treatment of the cause of your pain. Our expert team of Board-Certified Physical Medicine & Rehabilitation and Interventional Pain Management Specialists will take the necessary time to effectively diagnose and explain the nonsurgical treatments available to you. ABOUT LUTHERAN HOME Lutheran Home is part of Lutheran Life Communities, a faith-based 501(c)(3) not-for-profit organization founded over 130 years ago that supports Arlington Heights with a full spectrum of care and services. Recognized on Newsweek's America's Best Nursing Homes 2025 list, they offer assisted living, memory care, skilled nursing, an adult day club, inpatient and outpatient rehab, home care services, move management services and Shepherd's Flock Child Care and Preschool and Jenny's Bistro, which is open to the public and serves gourmet food and beverages. Lutheran Home invests in a full, robust continuum of care that can address early dementia and mild cognitive impairment with stage-form care, supportive services and residential solutions like MyTapestry memory support. The memory support programming extends through end of life with care provided by a care team trained in dementia. It's Grace-Filled living. NEWS SOURCE: Lutheran Life Communities Keywords: Illinois Business, Senior Living, Lutheran Home, Lutheran Life Communities, spinal center, Metropolitan Institute of Pain, ARLINGTON HEIGHTS, Ill. This press release was issued on behalf of the news source (Lutheran Life Communities) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P126513 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Associated Press
07-05-2025
- Health
- Associated Press
Lutheran Home and Alzheimer's Association Launch New Education Series During Alzheimer's & Brain Awareness Month
ARLINGTON HEIGHTS, Ill., May 7, 2025 (SEND2PRESS NEWSWIRE) — Lutheran Home, in partnership with the Alzheimer's Association Illinois Chapter, announces a free community education series focused on Alzheimer's disease, brain health and caregiver support. Coinciding with Alzheimer's & Brain Awareness Month in June, the upcoming events underscore Lutheran Home's ongoing dedication to educating and empowering families facing memory-related challenges. 'These events cover essential topics including understanding Alzheimer's, effective support strategies and the latest research advancements,' said Nikki Kowalczyk, Sales Director at Lutheran Home. 'Attendees will gain the knowledge and free resources needed to navigate the journey of Alzheimer's with confidence.' UPCOMING EVENTS Thursday, May 15, 2025 | 5:30 p.m.-7:00 p.m.: Healthy Living for Your Brain and Body – This engaging session will explore science-backed lifestyle choices, such as nutrition, exercise and cognitive stimulation, that can support long-term brain health and reduce the risk of cognitive decline. Attendees will walk away with practical strategies for living well and aging wisely. Thursday, June 19, 2025 | 5:30 p.m.-6:30 p.m.: New Advances in Alzheimer's Research and Treatment – In this installment, participants will learn about the latest breakthroughs in Alzheimer's research and emerging treatment options. Presented in a relaxed, after-work setting, the event offers an approachable look at innovative care and provides an opportunity for open dialogue. 'This free event series is part of Lutheran Home's ongoing commitment to support families through expert education, compassionate care and community resources,' said Jennifer Darnell, Vice President of Marketing for Lutheran Life Communities. Lutheran Home is proud to offer one of the most comprehensive memory care continuums in the Chicagoland area, featuring services such as assisted living, skilled nursing, rehabilitation, adult day care and MyTapestry memory support. The care model is designed to address every stage of dementia, with Grace-Filled living and compassionate, trained professionals. Event Details and RSVP visit: As part of this awareness effort, Lutheran Home will also participate in the 2025 Walk to End Alzheimer's on Sunday, September 21, inviting community members to join the team and take part in the fight to end Alzheimer's. To join Lutheran Home and the 2025 Walk to End Alzheimer's on September 21, visit: ABOUT LUTHERAN HOME Lutheran Home is part of Lutheran Life Communities, a faith-based 501(c)(3) not-for-profit organization founded over 130 years ago that supports Arlington Heights with a full spectrum of care and services. Recognized on Newsweek's America's Best Nursing Homes 2025 list, they offer assisted living, memory care, skilled nursing, an adult day club, inpatient and outpatient rehab, home care services, move management services and Shepherd's Flock Child Care and Preschool and Jenny's Bistro, which is open to the public and serves gourmet food and beverages. Lutheran Home invests in a full, robust continuum of care that can address early dementia and mild cognitive impairment with stage-form care supportive services and residential solutions like MyTapestry memory support. The memory support programming extends through end of life with care provided by a care team trained in dementia. It's Grace-Filled living. NEWS SOURCE: Lutheran Life Communities Keywords: NonProfit and Charities, Lutheran Home, Alzheimer's Association Illinois Chapter, Senior Living, Lutheran Life Communities, Alzheimers, ARLINGTON HEIGHTS, Ill. This press release was issued on behalf of the news source (Lutheran Life Communities) who is solely responsibile for its accuracy, by Send2Press® Newswire . Information is believed accurate but not guaranteed. Story ID: S2P126036 APNF0325A To view the original version, visit: © 2025 Send2Press® Newswire, a press release distribution service, Calif., USA. RIGHTS GRANTED FOR REPRODUCTION IN WHOLE OR IN PART BY ANY LEGITIMATE MEDIA OUTLET - SUCH AS NEWSPAPER, BROADCAST OR TRADE PERIODICAL. MAY NOT BE USED ON ANY NON-MEDIA WEBSITE PROMOTING PR OR MARKETING SERVICES OR CONTENT DEVELOPMENT. Disclaimer: This press release content was not created by nor issued by the Associated Press (AP). Content below is unrelated to this news story.
Yahoo
15-04-2025
- Business
- Yahoo
Bankruptcies at suburban senior homes collectively cost residents millions of dollars in entrance fees
A recent bankruptcy filing by a network of senior living facilities in Illinois and Indiana highlights the financial risk posed to residents who pay large entry fees to continuing care retirement communities, but get limited government protections, senior advocates say. In February, a Lutheran not-for-profit that operates several long-term care facilities — including Lutheran Home in Arlington Heights — filed for Chapter 11 bankruptcy, seeking to continue operations while shedding debt. The latest bankruptcy follows a Chapter 11 filing in 2023 by Schaumburg's Friendship Village, now called Encore Village. The Oaks at Bartlett also filed for bankruptcy in 2011 and 2019, went into receivership in 2024 and was sold. All the facilities continue to serve residents in their homes, but at Encore Village and The Oaks at Barlett, scores of residents collectively lost millions of dollars in fees they paid to get into the residences. Officials at The Oaks at Bartlett and Lutheran Life Communities did not immediately respond to requests for comment. But Encore Village CEO Avi Satt told the Tribune, 'Things are going incredibly well at the community.' Encore switched to a rental-only model, without the high entry fees, and plans on investing $15 million in upgrades and maintenance to the building. The facility has had record growth, with 693 residents in 860 units. 'The community is in a healthy place financially today, and residents have been happy to move on from the previous negative effects of the bankruptcy,' Satt wrote. But some families are upset about meager refunds. At the former Friendship Village, just $2 million was set aside to pay entry fee refunds owed to about 100 families. Richard Anderson, whose father paid a $261,000 fee in 2021 to enter Friendship Village, where he still lives, was upset about the lack of prior disclosure that the facility was in dire financial straits. He noted it is a felony to commit financial deception of a senior citizen, and questioned whether there was a 'dereliction of duty' by the state to ensure proper financial disclosures. 'It didn't seem that anybody was really looking out for the current or former residents,' he said. At The Oaks at Bartlett, Gary Krohn's mother was among residents who collectively were owed about $3 million for the deposits they paid on their homes in the retirement community. After her husband passed away, Krohn's mother paid more than $250,000 as an entry fee for her home at The Oaks, with the expectation of a 90% refund after she died, but her heirs were offered just about $7,000. 'That's pathetic,' said Krohn, whose father worked for 40 years at Caterpillar to save money for the couple's retirement. 'People were relying on this refund. Some people were irate — for good reason. This adds insult to the injury of losing a parent.' Krohn called for state regulators to rein in such practices, and said at least part of the entry fees should be put in escrow to guarantee repayment. Certus Living, a management company that was hired in 2023 to address the financial issues at The Oaks, published a case study showing that the facility had monthly operating losses of $150,000, and $50 million in entrance fee liabilities. Certus said it optimized revenues by repricing services and cutting costs 10%, and restored high occupancy and positive net income. Facilities such as The Oaks and Friendship Village are known as continuing care retirement communities, or life plan communities, where residents are promised ongoing care no matter their health status, with the guarantee that they or their heirs will get much of their money back when they leave or die. Yet more than a year after those financial failures, some residents and their descendants say they have yet to be paid. In the latest instance, Lutheran Home is managed by Lutheran Life Communities, which also manages the life care communities of Pleasant View in Ottawa, Luther Oaks in Bloomington, and Wittenberg Village in Crown Point, all of which were part of the bankruptcy filing. Residents generally paid entrance fees of $90,000 to $349,000 to the Lutheran Life facilities, often with the agreement that they or their heirs would be repaid 50% to 90% of the fee upon their death or departure. But in bankruptcy, residents typically are unsecured creditors, meaning they have no ownership stake, while the investors who purchased bonds to help finance the continuing care facility are considered secured creditors. The bond holders get paid first, and other debtors get what's left. Illinois law requires that life care facilities keep an escrow or letter of credit equal to six months' worth of mortgage or bond payments, but the facilities aren't required to save enough to repay residents' entrance fees. Lawmakers proposed requiring such facilities to repay deposits, but backed off when retirement community operators warned such measures would jeopardize their business. In response to the financial crises, legislators last year passed a law requiring facilities to give prospective residents the latest information on the status of potential entrance fee refunds. Refunds typically aren't paid until a new resident takes occupancy, so the law requires disclosure of the length of time it takes to get a refund, and the number of contracts awaiting refunds. 'The new 2024 law improving presale disclosures at life care facilities in Illinois is an important step toward protecting residents,' said Philippe Largent, state director for AARP Illinois. 'We encourage seniors and their families to keep sharing their experiences to ensure these protections continue to strengthen and evolve.' The long-term care industry has faced a host of financial challenges that have intensified since the COVID pandemic, when widespread deaths among residents prompted temporary closures, which prevented new clients from moving in and caused plummeting occupancy rates Despite significant government subsidies during COVID, inflation, labor shortages and low reimbursement rates from Medicare and Medicaid have combined to keep some facilities from recovering. A survey of the industry by the American Health Care Association found that about half of long-term care facilities were losing money. In Illinois, 43 nursing homes have closed since 2019, and 60 skilled nursing homes have reduced their size, the Health Care Council of Illinois reported. 'The cost of care has escalated dramatically over the last five years,' senior policy director Ron Nunziato said. 'It's a tough business to figure out where to cut costs without affecting residents. These facilities are still in rebuild mode.' Lutheran Life President and CEO M. Sloan Bentley wrote a lengthy declaration in his organization's bankruptcy filing in February describing the situation. Lutheran Home was founded in 1892 by a Lutheran pastor who wanted to create a homelike setting for older adults. With rising costs and fallen revenues, the facilities' total bond debt reached $189 million this year, plus more than $40 million for entry fee refunds that haven't been triggered yet because of residency agreements. Yet the bankruptcy petition listed only $1 million to $10 million in current liabilities, and $10 million to $50 million in assets. Because of the financial uncertainty, Lutheran Life is offering prospective residents the option to hold their entrance fees in an escrow account until they take permanent residency. Normally the fees are used to pay debt and operating expenses, and generate investment income. Lutheran Life's priorities will be to ensure that residents' access to services is not disrupted and to maximize the value of the business, Bentley told the court. Nationwide, fewer than 1% of life plan communities have filed for bankruptcy, according to industry association LeadingAge. Illinois has extensive laws and regulations governing life plan communities, including requiring annual financial reports from each facility — though records don't show The Oaks and Friendship Village filed such plans every year. The Illinois Department of Public Health is charged with monitoring the finances of facilities that issue life care contracts. 'We take this responsibility seriously,' spokesman Mike Claffey told the Tribune. In the case of The Oaks, the agency took initial action to suspend the authorization of the facility to enter into new life care contracts in April 2024. Friendship Village filed for bankruptcy before the department took action and now is under new ownership. In response to complaints that some families had to wait years for their units to be resold to get refunds, state Rep. Michelle Mussman, a Democrat whose northwest suburban district includes Encore Village, introduced a bill to require refunds be paid in order of those leaving. But the bill went nowhere after industry officials said it would hurt their operations. Angela Schnepf, CEO of LeadingAge Illinois, an association of senior service providers, said most proposed legislative solutions would result in more strain on life plan communities and their residents. 'Historically, Life Plan Communities have been financially strong with the highest resident satisfaction ratings in Illinois and across the nation,' Schnepf wrote to the Tribune. 'CCRCs/Life Plan Communities as a whole are rebounding from the devastating impacts of Covid-19.' In contrast, skilled nursing homes in particular are facing financial pressure due to low Medicaid reimbursement, and some have closed across the state, Schnepf emphasized. One of the nation's largest nursing home operators, Peoria-based Petersen Health Care, entered bankruptcy and was forced to sell most of its properties last year to Skokie-based Cascade Capital Partners. Schnepf did express support for one change: 'We believe federal bankruptcy courts should offer similar protections to residents as provided to bond holders.'
Chicago Tribune
15-04-2025
- Business
- Chicago Tribune
Bankruptcies at suburban senior homes collectively cost residents millions of dollars in entrance fees
A recent bankruptcy filing by a network of senior living facilities in Illinois and Indiana highlights the financial risk posed to residents who pay large entry fees to continuing care retirement communities, but get limited government protections, senior advocates say. In February, a Lutheran not-for-profit that operates several long-term care facilities — including Lutheran Home in Arlington Heights — filed for Chapter 11 bankruptcy, seeking to continue operations while shedding debt. The latest bankruptcy follows a Chapter 11 filing in 2023 by Schaumburg's Friendship Village, now called Encore Village. The Oaks at Bartlett also filed for bankruptcy in 2011 and 2019, went into receivership in 2024 and was sold. All the facilities continue to serve residents in their homes, but at Encore Village and The Oaks at Barlett, scores of residents collectively lost millions of dollars in fees they paid to get into the residences. Officials at The Oaks at Bartlett and Lutheran Life Communities did not immediately respond to requests for comment. But Encore Village CEO Avi Satt told the Tribune, 'Things are going incredibly well at the community.' Encore switched to a rental-only model, without the high entry fees, and plans on investing $15 million in upgrades and maintenance to the building. The facility has had record growth, with 693 residents in 860 units. 'The community is in a healthy place financially today, and residents have been happy to move on from the previous negative effects of the bankruptcy,' Satt wrote. But some families are upset about meager refunds. At the former Friendship Village, just $2 million was set aside to pay entry fee refunds owed to about 100 families. Richard Anderson, whose father paid a $261,000 fee in 2021 to enter Friendship Village, where he still lives, was upset about the lack of prior disclosure that the facility was in dire financial straits. He noted it is a felony to commit financial deception of a senior citizen, and questioned whether there was a 'dereliction of duty' by the state to ensure proper financial disclosures. 'It didn't seem that anybody was really looking out for the current or former residents,' he said. At The Oaks at Bartlett, Gary Krohn's mother was among residents who collectively were owed about $3 million for the deposits they paid on their homes in the retirement community. After her husband passed away, Krohn's mother paid more than $250,000 as an entry fee for her home at The Oaks, with the expectation of a 90% refund after she died, but her heirs were offered just about $7,000. 'That's pathetic,' said Krohn, whose father worked for 40 years at Caterpillar to save money for the couple's retirement. 'People were relying on this refund. Some people were irate — for good reason. This adds insult to the injury of losing a parent.' Krohn called for state regulators to rein in such practices, and said at least part of the entry fees should be put in escrow to guarantee repayment. Certus Living, a management company that was hired in 2023 to address the financial issues at The Oaks, published a case study showing that the facility had monthly operating losses of $150,000, and $50 million in entrance fee liabilities. Certus said it optimized revenues by repricing services and cutting costs 10%, and restored high occupancy and positive net income. Facilities such as The Oaks and Friendship Village are known as continuing care retirement communities, or life plan communities, where residents are promised ongoing care no matter their health status, with the guarantee that they or their heirs will get much of their money back when they leave or die. Yet more than a year after those financial failures, some residents and their descendants say they have yet to be paid. In the latest instance, Lutheran Home is managed by Lutheran Life Communities, which also manages the life care communities of Pleasant View in Ottawa, Luther Oaks in Bloomington, and Wittenberg Village in Crown Point, all of which were part of the bankruptcy filing. Residents generally paid entrance fees of $90,000 to $349,000 to the Lutheran Life facilities, often with the agreement that they or their heirs would be repaid 50% to 90% of the fee upon their death or departure. But in bankruptcy, residents typically are unsecured creditors, meaning they have no ownership stake, while the investors who purchased bonds to help finance the continuing care facility are considered secured creditors. The bond holders get paid first, and other debtors get what's left. Illinois law requires that life care facilities keep an escrow or letter of credit equal to six months' worth of mortgage or bond payments, but the facilities aren't required to save enough to repay residents' entrance fees. Lawmakers proposed requiring such facilities to repay deposits, but backed off when retirement community operators warned such measures would jeopardize their business. In response to the financial crises, legislators last year passed a law requiring facilities to give prospective residents the latest information on the status of potential entrance fee refunds. Refunds typically aren't paid until a new resident takes occupancy, so the law requires disclosure of the length of time it takes to get a refund, and the number of contracts awaiting refunds. 'The new 2024 law improving presale disclosures at life care facilities in Illinois is an important step toward protecting residents,' said Philippe Largent, state director for AARP Illinois. 'We encourage seniors and their families to keep sharing their experiences to ensure these protections continue to strengthen and evolve.' The long-term care industry has faced a host of financial challenges that have intensified since the COVID pandemic, when widespread deaths among residents prompted temporary closures, which prevented new clients from moving in and caused plummeting occupancy rates Despite significant government subsidies during COVID, inflation, labor shortages and low reimbursement rates from Medicare and Medicaid have combined to keep some facilities from recovering. A survey of the industry by the American Health Care Association found that about half of long-term care facilities were losing money. In Illinois, 43 nursing homes have closed since 2019, and 60 skilled nursing homes have reduced their size, the Health Care Council of Illinois reported. 'The cost of care has escalated dramatically over the last five years,' senior policy director Ron Nunziato said. 'It's a tough business to figure out where to cut costs without affecting residents. These facilities are still in rebuild mode.' Lutheran Life President and CEO M. Sloan Bentley wrote a lengthy declaration in his organization's bankruptcy filing in February describing the situation. Lutheran Home was founded in 1892 by a Lutheran pastor who wanted to create a homelike setting for older adults. With rising costs and fallen revenues, the facilities' total bond debt reached $189 million this year, plus more than $40 million for entry fee refunds that haven't been triggered yet because of residency agreements. Yet the bankruptcy petition listed only $1 million to $10 million in current liabilities, and $10 million to $50 million in assets. Because of the financial uncertainty, Lutheran Life is offering prospective residents the option to hold their entrance fees in an escrow account until they take permanent residency. Normally the fees are used to pay debt and operating expenses, and generate investment income. Lutheran Life's priorities will be to ensure that residents' access to services is not disrupted and to maximize the value of the business, Bentley told the court. Nationwide, fewer than 1% of life plan communities have filed for bankruptcy, according to industry association LeadingAge. Illinois has extensive laws and regulations governing life plan communities, including requiring annual financial reports from each facility — though records don't show The Oaks and Friendship Village filed such plans every year. The Illinois Department of Public Health is charged with monitoring the finances of facilities that issue life care contracts. 'We take this responsibility seriously,' spokesman Mike Claffey told the Tribune. In the case of The Oaks, the agency took initial action to suspend the authorization of the facility to enter into new life care contracts in April 2024. Friendship Village filed for bankruptcy before the department took action and now is under new ownership. In response to complaints that some families had to wait years for their units to be resold to get refunds, state Rep. Michelle Mussman, a Democrat whose northwest suburban district includes Encore Village, introduced a bill to require refunds be paid in order of those leaving. But the bill went nowhere after industry officials said it would hurt their operations. Angela Schnepf, CEO of LeadingAge Illinois, an association of senior service providers, said most proposed legislative solutions would result in more strain on life plan communities and their residents. 'Historically, Life Plan Communities have been financially strong with the highest resident satisfaction ratings in Illinois and across the nation,' Schnepf wrote to the Tribune. 'CCRCs/Life Plan Communities as a whole are rebounding from the devastating impacts of Covid-19.' In contrast, skilled nursing homes in particular are facing financial pressure due to low Medicaid reimbursement, and some have closed across the state, Schnepf emphasized. One of the nation's largest nursing home operators, Peoria-based Petersen Health Care, entered bankruptcy and was forced to sell most of its properties last year to Skokie-based Cascade Capital Partners. Schnepf did express support for one change: 'We believe federal bankruptcy courts should offer similar protections to residents as provided to bond holders.'
