Becker's Healthcare March 11, 2025
NES Health, a physician-led staffing firm, has filed for Chapter 7 bankruptcy, marking the official collapse of the company after months of financial turmoil that left emergency department physicians at numerous hospitals across the nation unpaid.
NES Health filed for bankruptcy Feb. 21 in the U.S. Bankruptcy Court for the Southern District of Illinois, with estimated assets between $1 million and $10 million and liabilities ranging from $10 million to $50 million, according to court documents obtained by Becker’s. The company, founded by Allan Rappaport, MD, a California-based radiation oncologist, listed hundreds of creditors, including hospitals and contract physicians.
The filing follows months of instability at the company. In November, NES...
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