Nine more Petersen Health Care facilities are placed into receivership

PEORIA – Nine more financially ailing Petersen Health Care facilities in Illinois have been placed in receivership.

On Thursday afternoon, Judge Thomas Durkin with the U.S. District Court for the Northern District of Illinois, Eastern Division, granted an order for an emergency receivership for nine facilities, including those in Pekin, Canton and East Peoria.

Those facilities are: Batavia Rehabilitation & Health Care Center in Batavia; Timbercreek Rehab & Health Care in Pekin; Fondulac Rehabilitation & Health Care Center in East Peoria; Bloomington Rehabilitation & Health Care Center; Sunset Rehabilitation & Health Care Center in Canton; Eastside Rehabilitation & Health Care Center in Pittsfield; Cisne Rehabilitation & Health Care Center in Cisne; Benton Rehabilitation & Health Care Center in Benton; and Ozark Rehabilitation & Health Care Center in Osage, Missouri.

In that case, Capital Funding alleges Peoria-based Petersen Health Care owes more than $19 million in unpaid loans.

Creditors are also seeking an emergency receivership for Charleston Rehabilitation & Health Care Center in Charleston and Cumberland Rehab & Health Care Center in Greenup.

Story continues

TRENDING NOW

LATEST LOCAL NEWS