News & Analysis as of

Chapter 11 Healthcare Facilities

Bowditch & Dewey

Ten Reasons to Expect an Increase in Financial Restructurings in 2025

Bowditch & Dewey on

1. Commercial Chapter 11 Bankruptcy Filings Have Increased Significantly Year-Over-Year: There has been a significant increase in the number of commercial Chapter 11 cases (larger company filings) in 2024. By way of example,...more

Manatt, Phelps & Phillips, LLP

Steward Health Care Commences Chapter 11 Bankruptcy Cases

Steward Health Care filed Chapter 11 on Monday May 6, 2024. Steward operates over 30 hospitals across Arizona, Arkansas, Florida, Louisiana, Massachusetts, Ohio, Pennsylvania and Texas, and has more than 400 physician...more

Epiq

Healthcare Organizations and Bankruptcy: Is Telemedicine the Savior?

Epiq on

The healthcare industry has been under financial stress for years, with a record-setting number of bankruptcy filings in 2018. High filing numbers continued into 2019 and 2020, as effects from the pandemic exacerbated the...more

Carlton Fields

Reducing Hospital Regulatory Burdens Through Bankruptcy Sales

Carlton Fields on

As the COVID-19 pandemic persists, hospitals across the country are feeling the pain. Many states have reduced or completely eliminated elective surgeries, and potential patients who historically would go to a hospital for...more

Sheppard Mullin Richter & Hampton LLP

To Report or Not to Report – Is it Really A Question?

In a May 15, 2017 Bankruptcy Court decision (Gardens Decision) from California’s Central District (In re Gardens Regional Hospital and Medical Center, Inc. (Bankr. C.D.Cal., May 15, 2017, No. 1617463), Judge Ernest M. Robles...more

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