‘They were traumatized’: How a private equity-associated lender helped precipitate a nursing-home implosion
Bethesda, Maryland-based MidCap seemingly prospered, too, even as care at Atrium’s Midwest nursing homes deteriorated. In the first three months of 2018 alone, the lender charged the operators of the Atrium nursing homes fees of $540,000 to extend the maturity date of loans, a lawsuit, later…
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