News 5/8/24 – HIStalk
Top News
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…
Tag: bankruptcy
Steward Health Care Files for Chapter 11 Bankruptcy, Cites Financial Pressures
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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Massachusetts sets up Steward bankruptcy response system
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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Genetic testing company Invitae files for bankruptcy
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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Why Experts Saw Cano Health’s Bankruptcy Coming From A Mile Away – MedCity News
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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Potrero Medical Files for Chapter 11 Bankruptcy, Aims to Reorganize and Refocus on Patient Care
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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EPtalk by Dr. Jayne 11/9/23 – HIStalk
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…
Curbside Consult with Dr. Jayne 11/6/23 – HIStalk
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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AI Executive Order, Rite Aid Bankruptcy, Sky Labs +$15m, General Catalyst to acquire a health system
🚀 Dive into the latest innovations shaping the future of healthcare in our October Digital Health Digest. From AI’s expanding role in patient care to pioneering investments that could redefine health service delivery, we’re…
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What Will Rite Aid Need to Do to Recover from Bankruptcy? – MedCity News
It’s not an easy time to be a retail pharmacy chain. This is especially true for Rite Aid, which filed for Chapter 11 bankruptcy protection in New Jersey on Sunday.
In order for the company…