Healthcare Finance News August 19, 2024
Healthcare bankruptcies are currently on track to see 58 cases by the end of this year, a 27% decline from the 79 cases filed in 2023.
Healthcare bankruptcies are on a gradual decline, showing signs of slowing down over the past three fiscal quarters, according to data published by healthcare advisory firm Gibbons Advisors.
The report analyzed healthcare sector Chapter 11 bankruptcy cases filed from January 1, 2019 through June 30, 2024 for companies with more than $10 million in liabilities.
After accelerating to a spike in Q3 2023, healthcare bankruptcies are currently on track to see 58 cases by the end of this year, a 27% decline from the 79 cases filed in 2023. That projection is based on...
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