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Healthcare bankruptcies slow after reaching five-year high in 2023: report

Bankruptcy filings in the healthcare sector have slowed in 2024 after a spike in 2023, however, this doesn’t imply a decrease in financial issues. Reports suggest restructuring may be happening outside of courts and case volumes may increase later in the year. Most filings occurred in senior care and pharmaceutical companies, however, filings among clinics and physician practices surged by 60% compared to 2023.

Source: www.healthcaredive.com –

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