Recognizing and Resolving Financial and Legal Issues Encountered by Distressed Healthcare Businesses
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September 05, 2024
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From acute care health systems to retail pharmacy, many sectors of the healthcare industry are facing unprecedented financial challenges. Following record merger and acquisition volumes and valuations in 2021, the healthcare sector has experienced a significant downturn, which has led to an increase in bankruptcy filings and credit rating downgrades throughout 2023 and the first half of 2024. What does this mean for healthcare businesses for the remainder of 2024 and beyond?
In the second webinar of our healthcare series, our panel of experts from FTI Consulting and Locke Lord delve into the indicators of industry distress. They provide analysis and commentary on the most affected sectors, discuss the essential legal considerations and diligence required to safeguard distressed investors, and outline the critical components of successful healthcare turnarounds. Furthermore, the panel addresses unique legal issues pertinent to healthcare bankruptcies, including the roles of the patient care ombudsman and compliance with HIPAA regulations.
Please note that, continuing legal education credit is not available for viewing or listening to a recording of this presentation. In addition, this presentation was made solely for educational and informational purposes. It is not intended to constitute legal advice or to create an attorney-client relationship.
The views expressed herein are those of the author(s) and not necessarily the views of Locke Lord, FTI Consulting, Inc., its management, its subsidiaries, its affiliates, or its other professionals.
FTI Consulting, Inc., including its subsidiaries and affiliates, is a consulting firm and is not a certified public accounting firm or a law firm.
Published
September 05, 2024