LaVie Care Centers, LLC is an Atlanta-based operator of skilled nursing, assisted living, and independent living facilities that at the pandemic's onset operated approximately 140 facilities across multiple states. The company filed for Chapter 11 protection on June 2, 2024 in the U.S. Bankruptcy Court for the Northern District of Georgia (Case No. 24-55507, Judge Paul M. Baisier) with 282 affiliated debtors after COVID-19 disruption, skilled nursing labor cost inflation, state reimbursement disparities (notably Florida operations losing $133 million from 2022-2023), and accumulated legacy liabilities of $681 million from divested facilities rendered the reduced 43-facility portfolio unsustainable. At filing, LaVie operated 43 licensed facilities with approximately 4,300 beds serving 3,700+ residents daily with 3,600 employees across Mississippi, North Carolina, Pennsylvania, Virginia, and Florida. The company secured $20 million in junior secured DIP financing from affiliates of Omega Healthcare Investors—its largest landlord and secured lender—at 10% PIK interest with 3% upfront and exit fees. The confirmed Modified Second Amended Plan established a GUC Trust to administer distributions to creditors, became effective on June 1, 2025, and affiliate cases were closed by final decree on August 28, 2025 while the lead case remains open for trust administration.
