Health Care Debt Defaults

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The health care dangers of a debt default - Axios

(3 days ago) WEBThe health care dangers of a debt default. If the federal government breaches the debt ceiling, Medicare wouldn't be able to pay providers — and states wouldn't get their federal Medicaid funding, experts tell Axios. Why it matters: Losing out …

https://www.axios.com/2023/05/05/debt-ceiling-breach-health-care-meltdown

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More healthcare companies at high risk of default: Moody's

(3 days ago) WEBThe 34 healthcare companies on the B3N List have nearly $65 billion of outstanding debt, an increase of 57% compared to March 2020 at the onset of the …

https://www.fiercehealthcare.com/finance/healthcare-companies-default-risk-steadily-rising-most-owned-private-equity-moodys

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Health-Care Companies Face a Wave of Defaults Next …

(7 days ago) WEBNorth America’s overleveraged health-care companies have begun to default on debt payments, and Moody’s says that may just be the beginning. More than …

https://www.bloomberg.com/news/newsletters/2023-12-19/health-care-companies-face-a-wave-of-defaults-in-2024

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S&P says risk of hospital operator defaults plummet from last …

(6 days ago) WEBThe risk of healthcare facilities defaulting on their debt has dropped significantly from nearly a year ago, according to a new report from S&P Global Market …

https://www.healthcaredive.com/news/sp-says-risk-of-hospital-operator-defaults-plummet-from-last-years-highs/596607/

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Debt woes mount for US healthcare sector as interest …

(3 days ago) WEBOutstanding debt held by the constituents of Moody’s B3N list stood at almost $65bn in December, up from $33bn as recently as January 2019. The sharp escalation in total borrowings stemmed from

https://www.ft.com/content/b0679b82-baf2-495f-8684-8ac8d3d80a0f

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Health-Care Debt Gets Harder Look as Distress Builds

(4 days ago) WEBThe heavy debt loads and the rapidly rising interest rates made healthcare one of the leaders in downgrades in 2022. Now, more than 70% of the companies are …

https://www.bloomberg.com/news/articles/2023-02-08/healthcare-debt-gets-harder-look-as-distress-builds-prices-drop

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Health Care Debt In The U.S.: The Broad Consequences Of …

(8 days ago) WEBKFF Headquarters: 185 Berry St., Suite 2000, San Francisco, CA 94107 Phone 650-854-9400 Washington Offices and Barbara Jordan Conference Center: 1330 …

https://www.kff.org/health-costs/report/kff-health-care-debt-survey/

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Short on cash, some hospitals now face debt defaults

(8 days ago) WEBShort on cash, some hospitals now face debt defaults. While many hospitals are seeing their margins slowly recover, some are still struggling and may soon default …

https://www.advisory.com/daily-briefing/2023/07/11/hospital-finances

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Health Care Debt In The U.S.: The Broad Consequences Of Medical …

(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 …

https://www.kff.org/report-section/kff-health-care-debt-survey-main-findings/

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What a debt ceiling breach could mean for health care

(5 days ago) WEBHere are some key areas of health care that would be affected by a debt limit breach: Medicare/Medicaid: Many providers’ revenues come from federal programs …

https://www.politico.com/newsletters/politico-pulse/2023/05/22/what-a-debt-ceiling-breach-could-mean-for-health-care-00098077

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How U.S. debt default could negatively impact the VA and veterans

(6 days ago) WEBVeterans funding is at the heart of two high-stakes showdowns in Washington right now - budget talks and the impending default on America's debt. If the …

https://www.npr.org/2023/05/17/1176760005/how-u-s-debt-default-could-negatively-impact-the-va-and-veterans

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3 ways a debt default could be 'catastrophic' for healthcare

(3 days ago) WEBAccording to Modern Healthcare, a debt default "could have a catastrophic impact on provider payments," depending on which programs the federal government …

https://www.advisory.com/daily-briefing/2023/05/25/debt-default

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Life After Default CEA The White House

(9 days ago) WEBIn the run-up to and aftermath of the 2011 debt ceiling crisis—where the country ultimately avoided a default—market risk measures rose persistently, and …

https://www.whitehouse.gov/cea/written-materials/2021/10/06/life-after-default/

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Mortality In Health Care: What Factors Lead To Default For

(2 days ago) WEBGaining a deeper understanding of the factors that have led to past defaults for pharmaceutical companies can help us better understand default risk in this unique …

https://www.spglobal.com/ratings/en/research/articles/220214-mortality-in-health-care-what-factors-lead-to-default-for-pharmaceutical-companies-12275721

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Default, Transition, and Recovery: Corporate Defaults Jumped 80

(5 days ago) WEBThe health care sector emerged in 2023 as a sector of note, posting the third-highest default tally of any sector, with 18 defaults--three times its 2022 tally and …

https://www.spglobal.com/ratings/en/research/articles/240116-default-transition-and-recovery-corporate-defaults-jumped-80-in-2023-to-153-12968832

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July 20, 2022 An Overview of Medical Debt Collection, Credit …

(6 days ago) WEBdebt collection industry revenue will be from health care debt in 2022 (see Figure 1). The Fair Debt Collection Practices Act (FDCPA; 15 U.S.C. §§1692-1692p) is the primary …

https://crsreports.congress.gov/product/pdf/IF/IF12169/2

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Debt ceiling: These are the federal payments at risk if the U.S

(2 days ago) WEBThe average benefit is just over $200 a person or more than $400 per household, according to data from the Department of Agriculture. If the U.S. defaults on …

https://www.cbsnews.com/news/debt-ceiling-default-social-security-child-tax-credit-medicare/

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Hospital Debt Collection Practices Require Urgent Reform Health

(4 days ago) WEBOn March 1, 2022, the Consumer Financial Protection Bureau (CFPB) released a report finding $88 billion in medical debt on consumer credit records as of June 2021—an …

https://www.healthaffairs.org/content/forefront/hospital-debt-collection-practices-require-urgent-reform

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Worried About Your Medicare Payment Because of the Debt …

(8 days ago) WEBSimilar to a Credit Card Limit. Think of the debt ceiling as "similar to a credit card limit" that limits your credit card spending to a certain amount, Hoagland explained.

https://www.medpagetoday.com/practicemanagement/reimbursement/102688

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