Illinois Nursing Home Owner May Have Diverted Over $1 Million Intended For Nursing Homes
The Cahill Group of Chicago, an operating company working in the financial industry returned to the nursing home business in 2014 when owner and founder Mark Yampol acquired St. Louis-based Rosewood nursing homes and skilled-care centers for $250 million. Now operating as Cahill Rosewood, the group oversees 14 nursing homes in cities located throughout Illinois (and Missouri), including homes in Joliet, St. Charles, and Northbrook.
Rosewood facilities are repeatedly named on the state’s list of nursing home violators. In 2019, Rosewood homes called out for quality and care violations included: