Two Iowa nursing homes run by a man who once declared he was a candidate for governor have filed for bankruptcy protection, the Associated Press reported today. All-American Restorative Care of Washington, Iowa, and All-American Care Center in Muscatine, Iowa, are owned by Jerry Rhoads, who claims $7.2 million in debt and $889,000 in assets including two homes each worth more than $360,000 and $35,000 in equity in a Mexican beach resort timeshare. Potential liabilities are wrongful-death claims filed against an Arkansas facility Rhoads once operated. The 90-bed Washington nursing home has been on the federal government's list of the nation's most troubled care facilities for 22 months. After state investigators looked into a June 2013 death at the facility, the federal government temporarily banned the home from accepting any new Medicaid-dependent residents and began imposing daily fines against the home until it was able to show compliance with all regulations.
