The slowing speed of healthcare bankruptcies comes over the heels of the flood of filings very last 12 months. In 2023, the advisory business noted bankruptcies experienced arrived at a 5-calendar year superior, with the quantity of filings more than thrice bigger than stages viewed in 2021. Many high-profile providers filed for bankruptcy final yr, together with health practitioner staffing firms Imagine Healthcare and American Physician Companions, and retail pharmacy Ceremony Assist.
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Individual bankruptcy filings in the healthcare sector have slowed to date in 2024 after spiking very last calendar year, Based on a report by healthcare restructuring advisory agency Gibbins Advisors.
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