Health Care Bankruptcy Articles
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Healthcare bankruptcies are rising. Here are five major filings so …
(8 days ago) WEBSo far this year, over 80 healthcare companies with more than $10 million in liabilities have filed for bankruptcy (including Chapter 11, Chapter 7, Chapter 9 and …
https://www.healthcaredive.com/news/healthcare-bankruptcies-rising-five-major-filings-2023/700132/
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Here's how much medical debt there is in the U.S. : Shots
(6 days ago) WEBThe picture is bleak. In the past five years, more than half of U.S. adults report they've gone into debt because of medical or dental …
https://www.npr.org/sections/health-shots/2022/06/16/1104679219/medical-bills-debt-investigation
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Bankrupt Steward Health puts its hospitals up for sale, discloses $9
(3 days ago) WEBUnitedHealth Group Inc. Follow. NEW YORK, May 7 (Reuters) - Bankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize …
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Healthcare Sector Bankruptcies Are On The Rise - Forbes
(5 days ago) WEBLate last week, yet another healthcare giant was reported to be preparing for bankruptcy filings: Rite Aid Corporation. According to news reports, the healthcare …
https://www.forbes.com/sites/saibala/2023/08/27/healthcare-sector-bankruptcies-are-on-the-rise/
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Health Care Debt In The U.S.: The Broad Consequences Of …
(7 days ago) WEBHealth care debt does not have to be enormous for people to have problems paying it off, though some do report owing large amounts. About half of adults with …
https://www.kff.org/report-section/kff-health-care-debt-survey-main-findings/
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Healthcare bankruptcies reached five-year peak in 2023, report finds
(5 days ago) WEBLarge healthcare bankruptcies, or filings with liabilities over $100 million, in particular surged in 2023. The report tallied 28 large filings last year, compared with just …
https://www.healthcaredive.com/news/healthcare-bankruptcies-spike-2023-gibbins-advisors/705738/
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ANALYSIS: 2024—Another Blockbuster for Health-Care Chapter 11?
(3 days ago) WEBJeffrey P. Fuller. Last year was the busiest in recent years for Chapter 11 bankruptcy cases involving health-care businesses ( as defined in the Bankruptcy …
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Steward Health Files Chapter 11 After Medical Properties …
(2 days ago) WEBSteward Health Care System LLC filed for bankruptcy early Monday after a period of mounting financial challenges and government scrutiny over the impact of its …
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Healthcare bankruptcies in 2023 hit highest level in 5 years
(6 days ago) WEBThe advisory firm's report, which looked at Chapter 11 bankruptcy case filings from 2019 to 2023, found 79 healthcare companies with more than $10 million in …
https://www.modernhealthcare.com/finance/healthcare-bankruptcies-2023-gibbins-advisors
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Healthcare company bankruptcies up 84% in 2022
(9 days ago) WEBChapter 11 bankruptcy filings for healthcare companies were 84% higher in 2022 compared to 2021, according to a recent report from advisory firm Gibbins …
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Steward Health Care says it is selling the 30+ hospitals it operates
(7 days ago) WEBUpdated 12:20 PM PDT, May 8, 2024. Steward Health Care said it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection. The Dallas …
https://apnews.com/article/steward-hospital-bankruptcy-264edc6309f7b9eaa309c4113211ce30
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Steward Health Care seeks bankruptcy protections WBUR News
(5 days ago) WEBSteward Health Care seeks bankruptcy protections. After months of uncertainty about its future, the nation’s largest private, for-profit hospital chain has filed …
https://www.wbur.org/news/2024/05/06/steward-bankruptcy-massachusetts-for-profit-hospitals-debt
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Steward Health, Nation’s Largest Physician-Owned Hospital …
(8 days ago) WEBSteward Health Care System, the largest U.S. physician-owned hospital operator, on Monday filed for chapter 11 protection, marking one of the biggest hospital …
https://www.wsj.com/articles/steward-health-care-to-file-for-bankruptcy-as-soon-as-sunday-4a5fbc50
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Myth and Measurement: The Case of Medical Bankruptcies
(3 days ago) WEBDuring the push to pass the Affordable Care Act, President Barack Obama often described the “crushing cost of health care” that was causing millions of …
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5865642/
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Is our healthcare system broken? - Harvard Health
(Just Now) WEBThe current US healthcare system has a cruel tendency to delay or deny high-quality care to those who are most in need of it but can least afford its high cost. …
https://www.health.harvard.edu/blog/is-our-healthcare-system-broken-202107132542
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Novo’s Wegovy Will Bankrupt Health System, Senator Sanders Says
(3 days ago) WEB3:49. Senator Bernie Sanders is upping the pressure on Danish drugmaker Novo Nordisk A/S to lower the cost of its blockbuster weight-loss drug Wegovy, warning …
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Steward Health Will Need More Loans to Stay Afloat in Bankruptcy
(4 days ago) WEBSteward Health Care System will need to borrow more money to survive bankruptcy than hospital landlord Medical Properties Trust is willing to provide, Steward …
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Mass. health leaders concerned about effects of Steward …
(4 days ago) WEBState health officials on Wednesday sought to assure health care leaders that they are working to preserve care at Steward Health Care's hospitals, despite the …
https://www.wbur.org/news/2024/05/15/massachusetts-health-care-steward-care-concerns
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Medical Bankruptcy Statistics - The Balance
(9 days ago) WEBIts survey found that 26% of Americans age 18 to 64 struggled to pay medical bills. According to the U.S. Census, that's 52 million adults. The survey found …
https://www.thebalancemoney.com/medical-bankruptcy-statistics-4154729
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The Financial Burden of Inadequate Health Insurance Coverage
(9 days ago) WEBMedical expenses account for over half of all bankruptcy claims in the United States, usually owing to lack of medical insurance.1 Thus, insurance coverage reduces …
https://www.ajkd.org/article/S0272-6386(21)00703-4/fulltext
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Steward Health Care bankruptcy: How will Massachusetts fix it?
(3 days ago) WEBGovernor Maura Healey and Health and Human Services Secretary Kate Walsh (left) held a news conference at the Massachusetts State House in Boston on the Steward Health Care bankruptcy, May 6.
https://www.bostonglobe.com/2024/05/06/opinion/steward-bankruptcy-health-care-accountability/
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Steward Health Care aims to sell all hospitals amid bankruptcy
(4 days ago) WEBKKR, Healthcare Realty Trust partner on acquisitions. Steward Health Care, which filed Chapter 11 bankruptcy Monday, plans to sell all 31 of its hospitals in eight …
https://www.modernhealthcare.com/mergers-acquisitions/steward-health-care-hospitals-bankruptcy
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Only in America: Bankruptcy Due to Health Care Costs
(9 days ago) WEBThe article by Himmelstein et al in this issue of the The American Journal of Medicine documents that health care expenses were the most common cause of bankruptcy in …
https://www.amjmed.com/article/S0002-93430900525-7/fulltext
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Senators Markey, Sanders call for federal aid to support patients …
(8 days ago) WEBMay 16, 2024 at 7:09 p.m. Senators Ed Markey and Bernie Sanders are calling on federal officials to step in to make sure no patients lose access to care as the …
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Hospital operator Steward Health Care files for bankruptcy …
(4 days ago) WEBUpdated 8:28 AM PDT, May 6, 2024. BOSTON (AP) — Hospital operator Steward Health Care filed for bankruptcy protection early Monday morning, but pledged to maintain the …
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Steward Health Care files for bankruptcy - The Business Journals
(2 days ago) WEBThe company could sell some of its 30 hospitals. Dallas-based Steward Health Care, a national hospital operator with five hospitals in South Florida, filed …
https://www.bizjournals.com/southflorida/news/2024/05/06/steward-health-care-bankruptcy.html
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The Way We Pay for Healthcare Will Change - WSJ
(9 days ago) WEBWhen ObamaCare embarked on the initiative to massively enroll patients in health plans, it disguised that these so-called insurance plans had high deductibles. …
https://www.wsj.com/articles/the-way-we-pay-for-healthcare-will-change-5785ceb5
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Steward Health Care files for Chapter 11 bankruptcy
(1 days ago) WEBListen to the article 7 min. Dallas-based Steward Health Care, the largest physician-led hospital operator in the country, filed for Chapter 11 bankruptcy this …
https://www.healthcaredive.com/news/steward-health-care-files-chapter-11-bankruptcy/714050/
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Petersen's sale of nursing homes hits a snag as creditor objects to
(8 days ago) WEBPetersen Health Care. A federal bankruptcy judge is encouraging Petersen Health Care to work out a dispute with one of its creditors and avoid a protracted legal …
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What healthcare REITs mean for providers, patients
(2 days ago) WEBWhat healthcare REITs mean for providers, patients. Steward Health Care's Chapter 11 bankruptcy filing is the latest example of the significant role real estate …
https://www.modernhealthcare.com/finance/healthcare-reits-medical-properties-trust-caretrust
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Steward Health Care files for Chapter 11 bankruptcy protection
(3 days ago) WEBSteward Health Care files bankruptcy, owes top creditors $600M. Alex Kacik. Reprints. MH Illustration/Adobe Stock. Steward Health Care filed for Chapter 11 bankruptcy protection Monday following
https://www.modernhealthcare.com/providers/steward-health-care-bankruptcy
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Healthcare court win for PE bolsters roll-up strategies
(1 days ago) WEBA Texas federal judge threw out a healthcare-sector lawsuit that could have disrupted private equity’s bread-and-butter roll-up strategy. In a win for the PE industry …
https://pitchbook.com/news/articles/healthcare-court-win-for-pe-bolsters-roll-up-strategies
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Healthcare giant Steward Health Care files for bankruptcy
(7 days ago) WEB4 minutes ago. On Monday, the Massachusetts-born and Dallas-based healthcare giant Steward Health Care filed for bankruptcy citing challenges in …
https://www.wsws.org/en/articles/2024/05/11/gwyc-m11.html
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Cyberattack disrupts operations at major US health care network
(6 days ago) WEBCNN —. A cyberattack has disrupted “clinical operations” at major health care nonprofit Ascension, forcing it to take steps to minimize any impact to patient care, …
https://www.cnn.com/2024/05/08/tech/cyberattack-disrupts-healthcare-network/index.html
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