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Major US nursing home chain at risk of receivership
Published Sun, Jul 23, 2017 · 09:50 PM
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Chicago
US healthcare landlord Quality Care Properties Inc said on Friday that it can seek receivership for the country's second-largest nursing home chain, HCR ManorCare, after it failed to make a US$79.6 million payment for current and past rent.
In a statement, Quality Care said it had delivered a notice of default to HCR ManorCare, its main tenant, regarding the missed payment, which Quality Care said triggers immediate …
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