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…
Continue Reading
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…
Continue Reading
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…
Continue Reading
🚀 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…
Continue Reading
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…
What You Should Know:
– Rite Aid filed for Chapter 11 bankruptcy protection on Sunday to address its $4B debt load and legal battles for allegedly filing unlawful opioid prescriptions.
– Last Thursday, Rite Aid filed…
Continue Reading
Top News
Digital-first care management and virtual care infrastructure vendor UpHealth files Chapter 11 bankruptcy after a court rules that it owes an investment bank $31 million for arranging a SPAC merger to take the…
Continue Reading
Much like the original fall of Babylon two and a half millennia ago, the collapse of Babylon Health was an inevitable end to an untenable empire. It grew too fast, without enough regard for patient…
Continue Reading
The following is a guest article by Zach Markin, Co-Founder and CEO at HTD Health
American healthcare is the most dysfunctional industry in our country. Historically, it is the most prolific driver of family bankruptcy,…
