State Senator Claire Celsi is demanding immediate reform in Iowa’s nursing home sector due to recent revelations. It has come to light that several facilities, including the bankrupt Tabor Manor Care Center, have accumulated a staggering 10.7 million dollars in unpaid quality assurance fees. Celsi strongly criticized the lack of oversight and accountability, highlighting the detrimental impact on both taxpayer dollars and resident care. In order to tackle this ongoing crisis effectively, she has called upon her legislative colleagues to prioritize this issue in the upcoming session and make necessary and substantial changes.
Tabor Manor Care Center has accumulated a debt of more than $1 million to the State and has recently entered into a 10-year payment plan to settle the outstanding amount.
The facility filed for bankruptcy in May, stating that it had $1.3 million in assets and $2.3 million in liabilities. The majority of the debt, amounting to $1.7 million, is owed to Iowa Medicaid Enterprises for Quality Assurance Assessment fees dating back to 2019.
The bankruptcy court has yet to approve the proposed plan, but it outlines monthly payments of $10,930. These payments will cover both the principal and interest at a rate of 4.25 percent.
The State has given its initial agreement to the plan.
