While health care bankruptcies are trending to triple the level seen in 2021, home-based care is – for now – seemingly immune to the surge of filings seen across the continuum.
Overall, there have been 40 health care bankruptcies filed through June 2023, compared to 46 filings in 2022. In 2021 there were only 25 filings, and in 2020 there were 45, according to data from a recent Gibbins Advisors report.
There are a number of factors that are contributing to this trend of bankruptcy filings, including capital market constraints, care shifting out of institutional settings and the expiration of continuous Medicaid enrollment, Home Health Care News reports. Read more.
