Bloomberg November 27, 2017
- Rural hospitals seen as among hardest hit by regulatory change
- Technological shifts and urgent care reshaping industry
A growing number of health-care companies may face near-death experiences of their own.
A wave of hospitals and other medical companies are likely to restructure their debt or file for bankruptcy in the coming year, following the recent spate of failing retailers and energy drillers, according to restructuring professionals. Regulatory changes, technological advances and the rise of urgent-care centers have created a “perfect storm” for health-care companies, said David Neier, a partner in the New York office of law firm Winston & Strawn LLC.
Some signs are already there: Health-care bankruptcy filings have more than tripled this year according to data...
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