Becker's Healthcare August 16, 2024
Healthcare bankruptcies have slowed since a five-year high in 2023, when 12 hospitals and health systems filed for bankruptcy, according to a report published Aug. 14 by Gibbins Advisors, a healthcare restructuring consulting firm.
Here are five key notes:
1. There were 79 bankruptcy cases filed in 2023. According to the report, based on the current rate, the year is on track to see 58 cases in 2024.
2. In the first half of 2024, only Dallas-based Steward Health Care has filed for bankruptcy in the first half...