Hospital and Healthcare Provider Bankruptcies: Navigating Restructuring Options in the Age of COVID-19
2019 was a record year for healthcare bankruptcies, and 2020 is on track to meet or exceed it as the COVID-19 crisis exacerbates systemic distress throughout the healthcare sector. Many hospitals and healthcare providers are being overwhelmed by the surging costs of caring for COVID-19 patients, while others, away from the front lines, have been forced to severely curtail services or shut down altogether.
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