Centerstone is the community mental health center formerly known as the Seven Counties Services Inc. that filed for bankruptcy protection six years ago, at a time when required contribution rates to the state pension plan began to soar.What is Centerstone mental health?
Centerstone provides mental health services for Jefferson and six surrounding counties. It changed its name from Seven Counties in 2016 under an affiliation with the larger, Tennessee-based nonprofit mental health group.What does the Kentucky Supreme Court's bankruptcy decision mean for Centerstone?
FRANKFORT — In a decision with implications for mental health services in Louisville and the financial health of the state's troubled pension fund, the Kentucky Supreme Court dealt a major blow to Centerstone Inc.'s effort to avoid its financial obligations to the state pension system by filing for bankruptcy.Is Centerstone part of Kentucky's KRS?
Centerstone is one of 14 community-based mental health centers in Kentucky and one of three that are not participating in KRS. The other 11 were among the scores of quasi-governmental agencies that continue to plead for relief from pension costs that continue to soar far higher since Seven Counties filed for reorganization under bankruptcy laws.