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Health Care Committee

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Post date: Thursday, January 18, 2018

Health care businesses are seeking bankruptcy relief in increasing numbers.[1] Often, company assets are sold pursuant to § 363 of the Bankruptcy Code.[2] Such sales benefit not only the debtor’s creditors, but also the community — providing for the continuation of medical car

Post date: Friday, October 28, 2016

[1]An asset sale is an important strategic option for hospitals and other health care facilities in financial distress.

Post date: Monday, December 21, 2015

As we close 2015 with more hospital bankruptcies being filed around the country, the ABI Health Care Committee is expecting an interesting year ahead in 2016.

Post date: Tuesday, October 13, 2015

There is much in the booming health care industry to entice an acquisition or integration. The boom has been accompanied by vast amounts of data digitized as electronic health records and myriad other formats. This data adds great value to health care organizations. Because of its value, data merits exacting protection from loss of any kind.

Post date: Tuesday, March 03, 2015

There has been a significant wave of health care provider consolidation driven by the desire to achieve scale in response to declining patient volumes and reimbursement, increasing costs, health care reform and the need for capital to implement improvements in the delivery of care, development/expansion of their physician networks and to make needed upgrades in IT, especially electronic medical

Post date: Wednesday, August 27, 2014

In his 2009 State of the Union Address, President Barack Obama urged Congress to confront the “crushing cost of health care,” claiming that “[t]his is a cost that now causes a bankruptcy in America every thirty seconds.”[1] Like-minded lawmakers subsequently introduced legislation to provide certain bankruptcy protections for medically

Post date: Thursday, April 17, 2014

Hospitals and other healthcare providers are facing significant financial and fiscal pressures. The recession and the sluggish recovery reduced personal incomes and, therefore, the demand (if not the actual need) for healthcare services. Pharmaceutical therapies and ambulatory surgical centers had previously reduced hospital admissions and revenues. Reduced reimbursements by Medicare, Medicaid, and private insurers have further suppressed revenues.

Fri, 04/15/2016

Who Pays the Price for Health Care Insolvencies: the Consumer, the Vendors or the Public at Large?

Sat, 04/18/2015

Hemorrhaging Hospitals: Labor Issues in the Healthcare Insolvency E.R.

Mr. Andrew H. Sherman, Esq.
Co-Chair
Partner
Sills Cummis & Gross PC
One Riverfront Plaza 1037 Raymond Blvd
Newark NJ
07102-5418
(973) 643-7000

Ms. Suzanne Koenig
Co-Chair
President
SAK Management Services, LLC
1 Northfield Plz Ste 210
Northfield IL
60093-1213
(847) 446-8400

Mr. Scott B. Davis
Newsletter Editor
Partner
Grant Thornton LLP
201 S College St Ste 2500
Charlotte NC
28244-0100
(704) 632-3540

Mr. David N. Crapo
Communications Manager
Counsel
Gibbons PC
1 Gateway Ctr Ste 300
Newark NJ
07102-5321
(973) 596-4523

Ms. Mary Debora Lane
Education Director
Managing Director
Wilshire Pacific Capital Advisors LLC
5637 Green Oak Drive
Los Angeles CA
90068
(323) 697-8166

Mr. Scott A. Zuber, Esq.
Membership Relations Director
Member
Chiesa Shahinian & Giantomasi PC
1 Boland Dr
West Orange NJ
07052-3686
(973) 530-2046

Mr. Satish T. Kodali
Membership Relations Director
Test12
ABI Test Account
66 Canal Center Plz 6000
Alexandria VA
22314
(232) 232-2334

Mr. Steven M. Berman
Special Projects Leader
Partner
Shumaker, Loop & Kendrick, LLP
101 E Kennedy Blvd Ste 2800
Tampa FL
33602-5150
(813) 227-2332