Troubled Florida Institute for Neurological Rehabilitation declares bankruptcy

in Uncategorized by

Florida Institute for Neurological Rehabilitation, Inc., a Wauchula-based facility for people with traumatic spinal cord and head injuries, has declared bankruptcy following a Bloomberg News story published last year which revealed a history of violence there. Caregivers beat patients and goaded them to fight each other and fondle female employees, according to reports by state officials released to that news service.

FINR and three affiliated companies filed Chapter 11 petitions in U.S. Bankruptcy Court in in Tampa on Friday. They said in court filings that they estimated they owe between $3 million and $30 million to 103 to 346 creditors and that their assets total $150,000 or less. (More details on the bankruptcy here.)

In August, state health care regulators ordered the Hardee County rehabilitation facility to provide plans to move more than half of its patients to other facilities and to establish long-term exit strategies for the patients that remain. At that time, the Agency for Health Care Administration released findings which determined that 50 of 98 patients at the facility did not appear to have traumatic spinal cord or head injuries, a criterion for admission.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.