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This session explores the issues and implications of managing bankruptcy cases when key assumptions and expectations fail to materialize, and the exit path is no longer available. What happens then?
In 2024, the issues of forum-selection and venue reform were again at the forefront of nationwide discussions about bankruptcy. Regardless of one’s views on the topics, forum considerations must be at the top of the pre-bankruptcy planning list for debtor’s counsel in a large chapter 11 filing. There are fewer available forums in health care cases, however, because of the often-limited geographic scope and localized practice of health care companies such as community hospitals, nursing facilities and physician groups.
Get ready to dive into the future of health care as we uncover the revolutionary impact of AI! Following a dynamic overview of the current AI landscape and its rapid advancements, this panel will discuss groundbreaking AI applications and the subsectors and players set to thrive — or falter — as AI reshapes the health care landscape. The panelists will share investment trends and speak to the enthusiasm of private equity and lenders for AI innovations. Risks will be considered, including the workforce impacts, cost, regulations and potential hurdles that come with AI.
As 2024 comes to a close and the Health Care Committee looks back at an eventful year (for the Committee and the health care and life sciences restructuring space as a whole), activity remains strong across the health care and life sciences restructuring industry, with health care systems, facilities and providers, pharmaceutical companies and diagnostics companies of varying sizes seeking strategic and financial transactions or expedited sales processes, often with the protection of the U.S. bankruptcy courts.
This panel will identify the unique issues that come into play in health care asset sales, from hospitals to senior living facilities. The panelists will address closing challenges, regulatory issues, HIPPA/privacy issues, Opco/Propco issues and much more.
The health care arena has not been immune to recent economic trends, and bankruptcies are on the rise, especially among senior care facilities. [1] This article examines some of the trends that have led to increased filings and some of the special considerations that arise in the context of a senior care facility bankruptcy filing.
Senior Care Facilities Are Experiencing Financial Distress