Just the other, Matty Boyle was talking about how well the company is doing and that things are about to improve. Well, guess again: LR of Oklahoma City has 30 days to vacate the premises as they are being evicted. The landlord has had issues with collecting rent. In true Landmark fashion, only a few people know. The rest of the staff at OKC will be told next Friday. They will have three weeks to find a new job. The employees that do know can remain employed if they move to Morrilton, Arkansas. Do admissions know?
This is going to hurt Landmark. They will lose the Tribal contract. The Tribal contract was a huge money maker for Landmark. They would fly patients to Las Vegas and Denver as they could get cheap direct flights. Landmark will need to continue expanding or cutting its losses. Rumor has it that Landmark may shut down Las Vegas. I am shocked that Battle Creek is still open, as that facility was never profitable.