63-year-old regional hospital system files Chapter 11 bankruptcy
Yahoo Finance·2025-12-11 06:57
Fewer health care providers have faced financial distress so far this year than last year, as the industry has incurred a bankruptcy filing rate about 16% lower than 2024 levels in the first three quarters of the year, Gibbins Advisors reported in its Third Quarter 2025 Healthcare Bankruptcy Report. The fourth quarter could still bring a modest increase in activity consistent with historic trends, the report said, and recent Chapter 11 filings in November and December seem to support that theory. Econom ...