Healthcare Bankruptcy Filings Set To Triple

JULY 25, 2023

Bankruptcy filings in the healthcare industry — including those in senior living and care settings — are trending approximately triple the level seen in 2021, according to a new report by Gibbins Advisors.

According to the report, healthcare bankruptcy filings as of June 30 are trending materially higher than historical filings, with 40 bankruptcies filed in the first half of 2023, compared with 46 filings in all of 2022. In 2021, there were 25 filings; 2020, 45; and 2019, 51.

If you would like to review and download the Gibbins Advisors report, please click here.