Health Care Bankruptcy Articles

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Medical Bankruptcy: Still Common Despite the Affordable Care Act

(3 days ago) WebIn surveys conducted by researchers with the Consumer Bankruptcy Project in 2001 5 and 2007, 6 a majority of recently bankrupt debtors implicated medical bills or illness-related …

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

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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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Here's how much medical debt there is in the U.S. : Shots - Health …

(6 days ago) WebIn the past five years, more than half of U.S. adults report they've gone into debt because of medical or dental bills, the KFF poll found. A quarter of adults with health care debt owe more than

https://www.npr.org/sections/health-shots/2022/06/16/1104679219/medical-bills-debt-investigation

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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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Medical debt upended their lives. Here's what it took from them - NPR

(5 days ago) WebAccording to the KFF poll, 56% of Black adults and 50% of Hispanic adults said they have debt because of medical or dental bills, compared with 37% of white adults. And a study published in 2021

https://www.npr.org/sections/health-shots/2022/06/16/1104969627/medical-debt-upended-their-lives-heres-what-it-took-from-them

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Americans’ Medical Debts Are Bigger Than Was Known, Totaling …

(8 days ago) WebA new study finds that health care has become the country’s largest source of debt in collections. Those debts are largest where Medicaid wasn’t expanded. Share full article. 806.

https://www.nytimes.com/2021/07/20/upshot/medical-debt-americans-medicaid.html

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Healthcare industry bankruptcies spiked in 2023, report finds

(7 days ago) Webbankruptcy Skilled Nursing Facilities Hospitals. 2023 was the biggest year for healthcare Chapter 11 bankruptcy filings in the past half-decade, according to a …

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

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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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Myth and Measurement — The Case of Medical Bankruptcies

(Just Now) WebLifestyle Medicine and Economics: A Proposal for Research Priorities Informed by a Case Series of Disease Reversal, International Journal of Environmental …

https://www.nejm.org/doi/full/10.1056/NEJMp1716604

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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 …

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

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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 …

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

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Universal health care would lower costs and prevent medical bankruptcy …

(1 days ago) WebThis shift to single-payer health care would provide the greatest relief to lower-income households,” conclude researchers from the Yale School of Public Health and colleagues. According to the National Bankruptcy Forum, medical debt is the number one reason people file for bankruptcy in the United States.

https://healthcare.procon.org/arguments/universal-health-care-would-lower-costs-and-prevent-medical-bankruptcy/

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The Evolving Landscape of Healthcare Bankruptcies and Private …

(7 days ago) WebIn this article, we explore the insights shared by Andrea Cunha, a partner in the health care and FDA practice group at K&L Gates, as she provides a …

https://www.healthcarebusinesstoday.com/the-evolving-landscape-of-healthcare-bankruptcies-and-private-equitys-impact/

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PE-Owned Health Care Saw Bankruptcy Surge as Playbook Failed

(4 days ago) WebPE-backed firms accounted for at least 17, or about a fifth, of the 80 bankruptcies of health-care companies last year, the Private Equity Stakeholder Project …

https://www.bloomberg.com/news/articles/2024-04-17/pe-owned-health-care-saw-surge-in-2023-bankruptcies-report-says

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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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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's bankruptcy sale moves forward with …

(8 days ago) WebSteward proposes timeline for selling assets in bankruptcy. Caroline Hudson. Reprints. MH Illustration. Steward Health Care is seeing interest from potential buyers of …

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

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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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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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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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Private Equity Bankruptcy of Steward Health Is a Warning for …

(6 days ago) Web5:32. The bankruptcy of Steward Health has become the latest cautionary tale about private equity’s involvement in health care. Cerberus Capital Management’s …

https://www.bloomberg.com/opinion/articles/2024-05-22/private-equity-bankruptcy-of-steward-health-is-a-warning-for-health-care

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Medical Bankruptcy: Still Common Despite the Affordable …

(7 days ago) Webprimary care physicians. JHealth Care Poor Underserved. 2018;29(1):556–570. Medical Bankruptcy: Still Common Despite the Affordable Care Act Myriad anecdotes—of a Nobel laureate who sold his medal to pay medical bills,1 or the more than 250000 GoFundMe medical campaigns lastyear2—attesttothefinancial toll of illness on American fam-ilies.

http://www.pnhp.org/docs/AJPHBankruptcy2019.pdf

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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 …

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

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US hospital network Steward files for bankruptcy, aims for new …

(3 days ago) WebSteward Health Care, which operates 31 hospitals in eight U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust .

https://www.reuters.com/world/us/us-hospital-network-steward-files-bankruptcy-aims-new-loan-2024-05-06/

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Cancer victims sue Johnson & Johnson over 'fraudulent' …

(5 days ago) WebA group of cancer victims sued Johnson & Johnson on Wednesday, accusing the healthcare company of committing fraud through repeated and continued efforts to …

https://www.reuters.com/legal/cancer-victims-sue-johnson-johnson-over-fraudulent-bankruptcies-2024-05-22/

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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-4.40%) investors may have been expecting: Steward Health is filing for bankruptcy protection. That …

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

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Steward Health Care files for Chapter 11 bankruptcy - CBS Boston

(7 days ago) WebSteward Health Care, the struggling hospital group that owns hospitals in Massachusetts, Texas, Florida and other states, announced Monday that it is filing for …

https://www.cbsnews.com/boston/news/steward-health-care-bankruptcy/

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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 …

https://www.wcbu.org/local-news/2024-04-25/petersens-sale-of-nursing-homes-hits-a-snag-as-creditor-objects-to-bankruptcy-process

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Steward Health bankruptcy: Who is on the watchdog task force?

(6 days ago) WebSteward, the largest physician-owned healthcare network in the country, filed for bankruptcy protection on May 6. The company’s hospitals, including North Shore …

https://www.miamiherald.com/news/health-care/article288586238.html

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Cano Health Wins Creditor Support to Cut Debt, Exit Bankruptcy

(2 days ago) WebMay 17, 2024 at 9:08 AM PDT. Listen. 1:25. Cano Health Inc. won support from lower-ranking creditors for a plan to slash about $1 billion in debt and exit …

https://www.bloomberg.com/news/articles/2024-05-17/cano-health-wins-creditor-support-to-cut-debt-exit-bankruptcy

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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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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 …

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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New Chapter 11 Bankruptcy Filings – Week Ending May 12, 2024

(5 days ago) WebA list of some new chapter 11 bankruptcy filings made during the last week. Steward Health Care System: Texas Southern: 9:24-bk-90213: 05/06/2024: …

https://www.wsj.com/articles/new-chapter-11-bankruptcy-filings-week-ending-may-12-2024-c59154f1

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Pfizer to Cut Costs in Multi-Year Effort - WSJ - The Wall Street …

(3 days ago) WebPfizer PFE 2.57% is launching a multi-year cost-reduction program. The company said the first phase is focused on operational efficiencies and is expected to …

https://www.wsj.com/economy/central-banking/pfizer-to-cut-costs-in-multi-year-effort-106efb28

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Medicare physician pay reform proposals floated by Senate …

(8 days ago) WebSenate ramps up push to reform doctors' Medicare pay. Michael McAuliff. Reprints. Michael McAuliff. Senate Finance Committee Chair Ron Wyden (D-Ore.) Declining doctors' pay in Medicare is getting

https://www.modernhealthcare.com/politics-policy/medicare-physician-pay-reform-proposals-senate-bill-cassidy-ron-wyden

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Denied emergency health care? Feds pledge to speed patient …

(8 days ago) Web4 min. Patients who believe they were denied emergency abortions and other emergency care can now file complaints directly with the federal government, officials …

https://www.washingtonpost.com/health/2024/05/21/emergency-abortions-health-care-emtala/

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