Professor: Nursing home's finances in dire straits
By Paul Wood
Wednesday June 18, 2008
URBANA – The county's nursing home is in even worse shape than it appears, a University of Illinois accountancy professor said.
Rachel Schwartz, who edits a scholarly journal on accounting practices, is serving as an unpaid consultant to the county board. She said Tuesday that data supplied to the county on Champaign County Nursing Home finances paints a rosier portrait than documents filed with the state.
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