HealthLeaders reported findings of Gibbins Advisors’s latest research report on Healthcare Bankruptcies which noted that bankruptcy filings for healthcare cases with over $10 million in liabilities in the first six months of 2023 are trending substantially higher than historical filings.
The Gibbins Advisors report found that:
- 40 healthcare bankruptcies have been filed through June 2023 compared to 46 filings in the full year of 2022.
- There are six key drivers contributing to the financial distress of healthcare organizations, according to the report.
If you would like to review and download the Gibbins Advisors report, please click here.