What You Should Know: – Cano Health, a value-based primary care provider, announced today that it has successfully exited Chapter 11 bankruptcy as a reorganized private company. – The emergence follows a strategic restructuring…
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Ascension’s 140 hospitals and 2,600 healthcare sites in 19 states divert patients and go back to paper documentation following an unspecified cybersecurity event that forced the health system to take down “select technology…
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Multi-state hospital operator Steward Health Care files for Chapter 11 bankruptcy protection and seeks up to $300 million in financing to keep the doors of its 31 remaining hospitals open.
The company blames…
What You Should Know:
– Steward Health Care, the nation’s largest physician-led hospital operator, announced today that it has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of…
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On Friday, the Massachusetts Executive Office of Health and Human Services launched an incident command system designed to better coordinate care response in the wake of Steward Health Care filing Chapter 11 bankruptcy, and be…
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Invitae, a medical genetic testing company, has filed for Chapter 11 bankruptcy and intends to continue the case without disrupting operations using cash on hand and while seeking to sell its business. The San Francisco-based…
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Following a tempestuous 2023, senior-focused primary care provider Cano Health made headlines once again this week. The company — which went public in 2021 through a $4.4 billion SPAC merger — filed for Chapter…
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What You Should Know:
– Potrero Medical, Inc., a company developing innovative solutions for monitoring and improving kidney health, announced today it has filed for Chapter 11 bankruptcy.
– The restructuring process is expected to be…
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Several readers messaged me trying to get my thoughts on exactly which companies I think might be “in bad shape” following my recent discussion of the Olive shutdown.
The short answer is that a…
Everyone is talking about the recent shutdown of Olive. Looking back over the last several months, HIStalk has been full of mentions of companies that abruptly shut down, declared bankruptcy, or are otherwise in…
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