Fox Subacute (“the Company”) is a group of four skilled nursing facilities in southeastern Pennsylvania. Fox specializes in pulmonary, neurological, and rehabilitative care for patients with degenerative neurological and neuromuscular disease, with an emphasis on vent weaning. The Company offers short- and long-term rehabilitation services customized to each patient’s individual needs.
Since 1985, the Company has gained a reputation as a leader in the subacute care space. The Company has 229 total beds across four locations in the greater Philadelphia and Harrisburg, Pennsylvania areas. Partly due to flat growth in Pennsylvania Medicaid reimbursement rates, the Company has struggled to operate profitably. As a result, ownership is seeking new investors and contemplating a §363 bankruptcy sale of one or multiple facilities.
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