Petersen Health Care Files Voluntary Petition for Relief Under Chapter 11

PEORIA, Ill.--(BUSINESS WIRE)--Petersen Health Care (“Petersen” or “The Company”), an operator of nursing homes and assisted living and long-term care facilities in Illinois, Iowa and Missouri, today announced that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to facilitate the restructuring of its balance sheet. Petersen expects to continue to operate its business as normal w