EXCLUSIVE: Rhode Island’s First Nursing Home Files for Receivership Due to Coronavirus

Saturday, April 25, 2020

GoLocalProv News Team

 

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The coronavirus has killed hundreds in Rhode Island, forced hundreds of thousands out of their jobs and now, has fiscally ruined one of the facilities that care for the most needy.

A 200 bed Rhode Island nursing home has filed for receivership in Rhode Island Superior Court, GoLocal has learned.

The facility -- Hopkins Manor -- is located in North Providence and is locally owned. Anthony Barile is listed in the state filings as the President of the Corporation.

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About Receivership

Hopkins Manor has a reported 20-25 coronavirus cases, according to the Rhode Island Department of Health.

It has had less than five deaths -- RIDOH refuses to release the exact number.

According to the petition filed on Friday, "The Respondents are in need of court intervention because they are suffering financial losses which may result in the inability to pay their debts in the ordinary course of business. The Respondents’ fiscal distress has been exacerbated by the ongoing COVID-19 pandemic, which has resulted in a decrease in the Respondents’ already-limited revenues. Moreover, the Respondents recently discovered that certain residents and staff of the Hopkins Manor nursing home have contracted COVID-19, which is expected to further erode the Respondents’ financial condition and outlook. Petitioner believes that there is a risk of corporate assets being wasted or lost."

Jonathan Savage, founding partner at Shechtman Halperin Savage, LLP, has been named special master.

"Despite Petitioner’s best reasonable efforts, the Respondents remain in a perilous financial situation and, absent court intervention, may be forced to shut down their operations and seek liquidation – a grim prospect not only for Petitioner, but especially for the residents of the Hopkins Manor nursing home, and for creditors of the Respondents. Petitioner has been notified that the audited financial statements for Hopkins Health Center and Hopkins Manor for 12/31/2019 will include a “going concern” auditor’s opinion," according to the petition.

The orders were signed by Judge Brian Stern.

According to the company's website, “Hopkins Manor, Ltd. is located at 610 Smithfield Road, North Providence, RI. Our 200-bed skilled nursing facility provides traditional nursing home care as well as sub-acute rehabilitation, hospice, respite, and Alzheimer's care. We can accommodate both long and short term placement and resident admissions are facilitated seven days a week.”

Federal rankings for the facility show solid average and above-average rankings by Medicare.gov.  See Hopkins Manor rankings here.

Editor's Note: An earlier version of this story said the filing was in District Court - it was in Superior Court.

This story was first published 4/24/20 3:59 PM

 

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