bankruptcy
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CEO
Judge Approves Closure of Crozer Health, Ending 'Mismanagement' of Hospitals
An alternate resolution couldn't be reached in the back-and-forth saga of the distressed health system.
Payer
Blockbuster Deal Will Wipe Out $30B in Medical Debt. Even Backers Say It's Not Enough.
Undue Medical Debt is retiring $30 billion worth of unpaid bills in a single transaction with Pendrick Capital Partners.
CEO
HL Shorts - How Healthcare Can 'Take Waste Out of the System'
"The biggest waste that exists in the system is administrative expense related to how payers and providers work together," says...
CEO
Prospect Hands Over Crozer Health to Receivership, Avoids Hospital Closures
It's the latest development in the long saga of troubled Crozer, which has yet to secure a permanent owner.
CFO
Healthcare Bankruptcies: Too High for Comfort
This report zooms in on the financial distress in healthcare.
CEO
Prospect Medical Holdings' Bankruptcy Is Latest Case of Private Equity Ownership Gone Wrong
The health system's financial unraveling has similarities to the much-maligned collapse by Steward Health Care.
CEO
4 Healthcare Bankruptcies CEOs Tracked in 2024
Providers and retailers alike had to navigate a restructuring process due to industry headwinds and challenges.
CEO
How CareMax Became Latest Provider to File for Bankruptcy
The company said its financial turmoil partly stems from Steward Health Care's own troubles.
CFO
Five Hospitals Shut Down in a Rising Tide of Closures
While the operating margins of some hospitals have improved this year, others are facing a different reality.
CEO
Steward Health Care Reaches Settlement with Landlord to Clear Way for Hospital Sales
The agreement with Medical Properties Trust allows the hospital operator to continue digging out of financial turmoil.
CEO
How Rite Aid Is Emerging from Bankruptcy with New Direction, CEO
The drugstore chain will be a "significantly transformed, stronger and more efficient company."
CEO
Healthcare Bankruptcies Slowing After Hitting 5-Year Peak
The industry continues to face financial headwinds though, putting organizations on unstable footing.