via Google:
Key Hospital Bankruptcies and Related Events in 2025:
Prospect Medical Holdings: Filed for Chapter 11 bankruptcy in January, citing financial difficulties and seeking to restructure its operations and potentially sell some of its hospitals.
Steward Health Care: Filed for Chapter 11 bankruptcy in early 2025, leading to the closure of some facilities and a focus on restructuring.
The Bellevue Hospital (Ohio): Filed for Chapter 11 bankruptcy and is planning to be acquired by Firelands Health.
East Ohio Regional Hospital: Closed down on March 27 due to ongoing financial issues.
Landmark Holdings of Florida: Filed for Chapter 11 bankruptcy in March, citing financial problems.
Houston Healthcare: Finalized a definitive agreement to join Emory Healthcare.
Jackson Hospital (Montgomery, Alabama): Filed for Chapter 11 bankruptcy.
3 others were acquired before bankruptcy
Factors Contributing to Bankruptcies:
Rising Operational Costs: Hospitals face increased expenses related to labor, supplies, and energy.
Funding Constraints: Difficulty accessing capital and navigating complex regulations.
Medicare Advantage Reimbursement Rates: While Medicare Advantage rates are set to increase in 2026, providers continue to face pressure on reimbursement.
Labor Shortages: Workforce shortages contribute to increased costs and operational challenges.
Private Equity Ownership: Concerns about the impact of private equity ownership on hospital finances and patient care.
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We are only 1/2 way through the year. .
If you think your healthcare isn't going to bill you for every last dime they can. .
so if you want healthcare to exist near you, pay the damn facility fee. . .
And yes, the area hospital in the town where my mom lived, and I grew up, now has no regional hospital. . emergency room is now 45 minutes away, there are several schools systems there, high potential sports injuries,
check out the Healthcare sector valuation in the stock market, lowest of all the sectors, with the weakest earnings growth. .
the US system was the best in the world, and it was the most expensive. . then all of a sudden, with such great health care, people started living alot longer, and the medicare system started costing alot of money in the govt budget. . . and then power hungry people started cutting taxes to get elected. .
shades of 476 AD
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