Arizona-based provider revamps operations.In January, the U.S. Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. in Phoenix approved the reorganization of Scottsdale, Arizona-based Unison unison, in music, tones identical in pitch produced by two or more parts or voices. In popular usage a vocal composition is said to be sung in unison even though some of the voices are separated from others by the interval of an octave. HealthCare Corp. under Chapter 11. The result is a new company with a new name: RainTree Healthcare Corporation. The company is making substantial changes in its operating strategy by divesting itself of less productive facilities and leasing the strong ones. "The new structure enables our executives and administrators to focus all our energies and resources on care-giving," Michael Jeffries, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , said in a prepared statement. RainTree operates 32 SNFs totaling 3,284 beds and 3 ALFs totaling 2t4 units in Alabama Alabama, indigenous people of North America Alabama (ăləbăm`ə), indigenous people of North America whose language belongs to the Muskogean branch of the Hokan-Siouan linguistic stock (see Native American languages). , Arizona, Colorado, Indiana, Michigan, and Texas. |
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