Health Care Bankruptcy Filings

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Healthcare bankruptcies are rising. Here are five major …

(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 Chapter 15), according to data

https://www.healthcaredive.com/news/healthcare-bankruptcies-rising-five-major-filings-2023/700132/

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Kroll Restructuring Administration

(3 days ago) WEBCase Background. On May 6, 2024, Steward Health Care System LLC and 166 of its affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief …

https://restructuring.ra.kroll.com/steward/Home-Index

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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 Advisors. The …

https://www.healthcaredive.com/news/healthcare-company-bankruptcies-2022-hospitals-senior-care-pharma/640504/

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Healthcare industry bankruptcies spiked in 2023, report finds

(7 days ago) WEB2023 was the biggest year for healthcare Chapter 11 bankruptcy filings in the past half-decade, according to a new research report from Gibbins Advisors. The restructuring …

https://www.fiercehealthcare.com/finance/chapter-11-bankruptcies-spiked-across-healthcare-2023-particularly-hospitals

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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 seven in …

https://www.healthcaredive.com/news/healthcare-bankruptcies-spike-2023-gibbins-advisors/705738/

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Charted: Hospital bankruptcies reach 5-year high

(3 days ago) WEBHospital bankruptcies hit 5-year high. According to the report, there were 79 bankruptcy filings in the healthcare sector in 2023, the highest since 2019, which saw 51 filings. …

https://www.advisory.com/daily-briefing/2024/01/30/bankruptcies

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17 latest healthcare bankruptcies - Becker's Hospital Review

(3 days ago) WEB10. Martin General Hospital, a 49-bed facility in Williamston, N.C., suspended operations Aug. 3 and plans to file for bankruptcy. The hospital, which lost $13 million in 2022, …

https://www.beckershospitalreview.com/finance/6-latest-healthcare-bankruptcies.html

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Healthcare Sector Bankruptcy Filings Surge in 2023, Trending to …

(5 days ago) WEBHealthcare market also sees return of large bankruptcy cases with liabilities over $100 million, with 13 filings in the first six months of 2023, compared to just 15 total cases the …

https://www.businesswire.com/news/home/20230721434934/en/Healthcare-Sector-Bankruptcy-Filings-Surge-in-2023-Trending-to-Triple-the-Levels-of-2021

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2023 Healthcare Bankruptcies Reached Highest Level in 5 Years

(9 days ago) WEBBy Victoria Bailey. February 07, 2024 - The number of healthcare bankruptcies in 2023 increased 71 percent from 2022, reaching the highest level in the last five years, a report …

https://revcycleintelligence.com/news/2023-healthcare-bankruptcies-reached-highest-level-in-5-years

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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 Code) with …

https://news.bloomberglaw.com/bloomberg-law-analysis/analysis-2024-another-blockbuster-for-health-care-chapter-11

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Focus on Health Care Provider Bankruptcies Jones Day

(7 days ago) WEBFocus on Health Care Provider Bankruptcies. After reaching a four-year high in 2018, the volume of heath care and medical industry bankruptcy filings in the United States …

https://www.jonesday.com/en/insights/2021/02/focus-on-health-care-provider-bankruptcies

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Medical Bankruptcy: Still Common Despite the Affordable Care Act

(3 days ago) WEBFrom court records of all US bankruptcy filers from 2013 to 2016, we randomly sampled 200 each quarter, abstracted their court record data, The results of the midterm …

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6366487/

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Steward Health Care says it is selling the 30+ hospitals it operates

(7 days ago) WEBSteward Health Care said it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection.. The Dallas-based company, which operates more …

https://apnews.com/article/steward-hospital-bankruptcy-264edc6309f7b9eaa309c4113211ce30

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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 bankruptcies …

https://www.wsj.com/articles/steward-health-care-to-file-for-bankruptcy-as-soon-as-sunday-4a5fbc50

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Bankrupt Steward Health puts its hospitals up for sale, discloses $9

(2 days ago) WEBThe company had $6 billion in annual revenue before filing for bankruptcy, and it has been pursuing a sale of its physician group, Stewardship Health Care, to UnitedHealth …

https://www.cnn.com/2024/05/07/business/steward-health-puts-hospitals-up-for-sale/index.html

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Bankrupt Steward Health puts its hospitals up for sale, discloses $9

(3 days ago) WEBBankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total liabilities, …

https://www.reuters.com/business/healthcare-pharmaceuticals/bankrupt-steward-health-puts-its-hospitals-up-sale-discloses-9-bln-debt-2024-05-07/

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Mass. alleges Steward jeopardized patient safety while paying off

(7 days ago) WEBDetails emerged in legal documents filed this week in U.S. Bankruptcy Court in Houston, where Steward filed for Chapter 11 bankruptcy protection Monday. The court records …

https://www.wbur.org/news/2024/05/10/steward-health-care-debts-court-filings-bankruptcy

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Steward Health Care files for bankruptcy amid financial crisis

(4 days ago) WEBSteward Health Care, which operates eight Bay State hospitals and has been sinking under a pile of debt to vendors and its de facto landlord, filed for Chapter 11 bankruptcy in …

https://www.heraldnews.com/story/news/2024/05/06/steward-health-care-files-for-bankruptcy-amid-financial-crisis/73583700007/

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Health care bankruptcies in 2023 reach highest level in five years

(4 days ago) WEBHealth system bankruptcies rose to 79 filings in 2023, the highest number in the last five years, according to a new report. Gibbins Advisors, a Nashville, Tennessee-based …

https://www.medicaleconomics.com/view/health-care-bankruptcies-in-2023-reach-highest-level-in-five-years

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Steward Health Care's bankruptcy sale moves forward with …

(8 days ago) WEBThe health system, which filed for Chapter 11 bankruptcy protection earlier this month, also is in advanced discussions with UnitedHealth Group's Optum to buy physician …

https://www.modernhealthcare.com/legal/steward-health-care-bankruptcy-hospital-asset-sale-timeline

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Why the Steward Health Bankruptcy Filing May Be a Good Thing …

(2 days ago) WEBIt was news that many Medical Properties Trust (MPW 4.39%) investors may have been expecting: Steward Health is filing for bankruptcy protection. That development broke …

https://www.fool.com/investing/2024/05/18/why-the-steward-health-bankruptcy-filing-may-be-a/

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Bankruptcy filing by hospital owner Steward Health Care: jaw …

(5 days ago) WEB'Bring one of your yachts to town'Brockton rally to save Good Sam slams Steward exec Read the bankruptcy filing. Embedded below is the 28-page bankruptcy filing for …

https://www.enterprisenews.com/story/news/healthcare/2024/05/06/steward-health-care-massachusetts-bankruptcy-hospitals-brockton-good-sam-taunton-morton-fall-river/73585724007/

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PRESS STATEMENT: Health Care For All Issues Statement on …

(5 days ago) WEBHealth Care For All Issues Statement on Steward Health Care’s Bankruptcy Filing. BOSTON – A statement from Amy Rosenthal, Executive Director of Health Care For All: …

https://hcfama.org/press-statement-health-care-for-all-issues-statement-on-steward-health-cares-bankruptcy-filing-may-6-2024/

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Mass. leaders did nothing to stop Steward's spiral - The Boston …

(8 days ago) WEBBy their own account in legal filings made to the bankruptcy court in Texas, Massachusetts state regulators knew for years about the fiscal disaster that was …

https://www.bostonglobe.com/2024/05/20/opinion/steward-bankruptcy-massachusetts-leaders/

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Steward lays out timeline for asset sales Healthcare Dive

(2 days ago) WEBThe physician-owned healthcare network, which filed for Chapter 11 bankruptcy earlier this month, operates 31 hospitals and a physician group, Stewardship Health, in …

https://www.healthcaredive.com/news/steward-lays-out-timeline-asset-sales-bankruptcy/716560/

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Ombudsman tapped to monitor care at Steward’s hospitals in …

(3 days ago) WEBA senior living facility owner and health care management consultant has been appointed through U.S. Bankruptcy Court to monitor patient care at Steward Health Care facilities …

https://www.masslive.com/news/2024/05/ombudsman-tapped-to-monitor-care-at-stewards-hospitals-in-mass-elsewhere-as-bankruptcy-case-proceeds.html

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Kris Mayes to investigate Steward Health Care's bankruptcy

(7 days ago) WEBSteward Health Care, which filed for bankruptcy May 6 in Texas with a debt load of $9 billion, announced it would sell its 31 hospitals nationwide. Steward's Arizona facilities …

https://www.azcentral.com/story/news/local/arizona-health/2024/05/14/kris-mayes-investigation-steward-health-care-bankruptcy/73648423007/

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Lynch on Steward Health Care: 'From an investigatory standpoint …

(7 days ago) WEBSteward Health Care filed for bankruptcy protection under Chapter 11 earlier this month. The company owes at least $1 billion dollars to creditors including the federal government.

https://www.wbur.org/radioboston/2024/05/20/congressman-lynch-steward-trump-middle-east

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Steward Health crisis could raise employer insurance costs

(2 days ago) WEBSteward, the healthcare system that filed for Chapter 11 bankruptcy protection earlier this month, is in many communities a safety-net hospital, and is a lower-cost-care facility …

https://www.bizjournals.com/boston/news/2024/05/17/steward-causes-rise-commercial-insurance-costs.html

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Chapter 7 and Chapter 11 Bankruptcy Alert for May 20, 2024

(6 days ago) WEBCovering reported business bankruptcy filings in Massachusetts, Maine, New Hampshire, and Rhode Island, and Chapter 11 bankruptcy filings in New York and Delaware listing …

https://www.natlawreview.com/article/weekly-bankruptcy-alert-may-20-2024-week-ending-may-19-2024

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Case Info United States Bankruptcy Court - District of New Jersey

(8 days ago) WEBFiling Without an Attorney. Checklist for Ch 7 & 13 Documents Required at Time of Filing; Bankruptcy Basics; Submitting a Bankruptcy Package Electronically; Information …

https://www.njb.uscourts.gov/case-info

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Western PA business bankruptcy filings jump 58% in Q1, and more …

(4 days ago) WEBIn fact, 2023 set a record low of business bankruptcy filings in the region at 129. Read more at Pittsburgh Business Times . Download the FREE WPXI News app for breaking …

https://finance.yahoo.com/news/western-pa-business-bankruptcy-filings-153005163.html

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Steward’s bankruptcy documents reveal sprawling debt, planned …

(7 days ago) WEBSince filing for bankruptcy Monday, Steward Health Care revealed it’s carrying more than $1 billion in debt and said its entire hospital portfolio is for sale. At 3:30 a.m. Monday, …

https://www.healthcaredive.com/news/stewards-bankruptcy-documents-reveal-sprawling-debt-planned-hospital-fire/715245/

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Top 5 states where elderly face biggest risk for bankruptcy

(7 days ago) WEBTotal U.S. bankruptcy filings in April increased 28% year-over-year, according to the latest data provided by Epiq AACER. With that rise in mind, Moneywise recently analyzed 11 …

https://www.autoremarketing.com/bhph/top-5-states-where-elderly-face-biggest-risk-for-bankruptcy/

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Best Clark New Jersey Bankruptcy Lawyers & Law Firms - FindLaw

(1 days ago) WEBFind top Clark, NJ Bankruptcy attorneys near you. Compare detailed profiles, including free consultation options, locations, contact information, awards and education.

https://lawyers.findlaw.com/lawyer/firm/bankruptcy-law/clark/new-jersey

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Best North Bergen New Jersey Bankruptcy Lawyers & Law Firms

(8 days ago) WEBLaw Firm Website 201-942-5002 Law Firm Profile. Free Consultation. Lofaro & Headley, LLC. Bankruptcy Lawyers Serving North Bergen, NJ (Hoboken) 1 Additional Office …

https://lawyers.findlaw.com/lawyer/firm/bankruptcy-law/north-bergen/new-jersey

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