Seventeen percent of nursing homes in Wisconsin are going into bankruptcy, according to Wisconsin state administrative figures. The dire circumstances are the result of a number of factors, including a decline in medicare payments and declining incomes among nursing home patients.
These declines make it harder for nursing homes to provide adequate care to the elderly in Wisconsin. However, filing for bankruptcy may allow some nursing homes to survive and operate.
If your business is considering filing for bankruptcy, contact the Wisconsin bankruptcy lawyers of the DeLadurantey Law Office, LLC, at 414-377-0518.