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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.

Ms. Mary Debora Lane
Co-Chair
Managing Director
Wilshire Pacific Capital Advisors LLC
5637 Green Oak Dr
Los Angeles CA
90068-2503
(323) 697-8166

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

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

Mr. Andrew Helman
Communications Manager
Attorney
Marcus | Clegg
1 Canal Plz Ste 600
Portland ME
04101-4035
(207) 828-8000

Mr. Eric E. Walker
Education Director
Partner
Perkins Coie LLP
131 S Dearborn St Ste 1700
Chicago IL
60603-5559
(312) 324-8659

Mr. Scott A. Zuber, Esq.
Membership Relations Director
Member
Chiesa Shahinian & Giantomasi PC
1 Boland Dr Ste 200
West Orange NJ
07052-3686
(973) 530-2046

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