How Bankruptcy Can Maximize Health Care Businesses’ Value

Health care businesses currently face significant challenges. Government regulations require them to incur costly improvements while simultaneously reducing government reimbursements. This confluence of new regulations and lower reimbursement rates is causing distress in this industry. Thus, many providers are either partnering or merging with other providers to achieve economies of scale, resulting in an unprecedented level of consolidation. In this article, partner Adam C. Harris and former Schulte lawyer James T. Bentley discuss how bankruptcy can maximize healthcare businesses' value in this era of consolidation.