June 01, 2017

Health Care Bankruptcy: A Primer of a Provider’s Chapter 11 Case

David A. Samole, Kozyak Tropin & Throckmorton, Miami, FL

Various factors including increased competition and reimbursement landscape challenges have led hospitals and other healthcare providers to file for bankruptcy over the last few years. For the remainder of 2017, due in part to the current uncertainty in the healthcare industry and its legislative oversight, more financially distressed providers are considering Chapter 11 bankruptcy to effectuate closures, consolidation, restructurings and related transactions. The following are some of the aspects of bankruptcy specific to healthcare providers that they need to consider when weighing this decision. 

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