When the COVID-19 pandemic hit in early 2020, many predicted a crush of healthcare bankruptcies would follow, Modern Healthcare reports. So far, the opposite has happened. Billions of dollars in federal, state and local aid that’s flowed to healthcare providers has led to what the law firm Polsinelli calls an “unprecedented” drop in Chapter 11 filings in an industry that’s typically among the most distressed. In fact, Polsinelli’s second quarter report shows the lowest ever recorded distress index in the healthcare industry since 2010. Read more.
Healthcare Bankruptcy Filings Hit ‘Unprecedented’ Low: Report
