Posted Thursday, August 3, 2023
Health care bankruptcies are trending to triple the level seen in 2021, but for now, home-based care is currently immune to the surge of filings seen across the continuum.
According to data from a recent Gibbins Advisors report, through June 2023, there were 40 health care bankruptcies compared to 46 in the same period in 2022.
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.
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