Indianapolis-based American Senior Communities has fired its chief executive officer. The Federal Bureau of Investigation and several other agencies conducted raids Tuesday at the home of James Burkhart and the company’s headquarters. ASC officials say an internal review found the ongoing federal investigation "does not touch upon the operation of any nursing home serviced by ASC."
The FBI has not commented on the circumstances surrounding the raids.
The company says it has launched a search for a new CEO. In the interim, ASC says the functions of the position will be carried out by the board of managers, noting "each of whom has long-term experience in the healthcare business, and senior care in particular."
The company issued a statement after the raids saying it is "in compliance with all federal, state and local laws and regulations." and fully-cooperating with the federal government.
The ASC website shows more than 90 locations in Indiana and Kentucky.
Statement from American Senior Communities September 18, 2015:
"As has been reported in the media, the federal government conducted searches earlier this week at the home and office of American Senior Communities’ CEO. The government has not commented on that investigation.
As the result of ASC’s internal review, this investigation does not touch upon the operation of any nursing home serviced by ASC. However, ASC has terminated the employment of its CEO, James G. Burkhart, effective immediately. While this is a difficult situation, it will not affect ASC’s operations, including its employees, other healthcare providers, and, most importantly, its residents.
American Senior Communities is launching an immediate search for an interim and permanent CEO who will embrace ASC’s core values of C.A.R.E. – Compassion, Attentiveness, Relationship, and Excellence – and promote and maintain the ASC culture of caring for others while demonstrating the highest level of integrity. Meanwhile, the chief executive functions have been assumed by the American Senior Communities’ board of managers, each of whom has long-term experience in the healthcare business, and senior care in particular."