Health Care

Health care providers nationally, including hospitals, long-term-care facilities and others, were already in precarious financial situations coming out of the pandemic. Many are heavily dependent on Medicare and Medicaid program receivables, which historically do not pay enough to cover the costs of care. Now, implications of Medicaid and Medicare reform in The One Big Beautiful Bill Act and other federal initiatives, including those related to immigration, are forecast to have significant negative effects on the finances of health care providers. This panel, hosted by ABI's Health Care Committee, will discuss the “pre-existing” financial difficulties facing health care providers, the proposed and implemented legislative and regulatory changes likely to affect them in 2025, and the likely implications for providers in 2026 and beyond.

Health care bankruptcies present unique legal, operational and regulatory challenges that require specialized strategies and coordination. This session examines recent high-profile health care bankruptcy cases and will analyze the factors driving financial distress in hospitals, senior care facilities and other medical providers. The panelists explore such issues as patient care continuity, treatment of Medicare and Medicaid claims, the role of governmental regulators, and the impact of health care-specific rules on restructuring efforts. Whether representing debtors, creditors or other stakeholders, practitioners will gain insights into navigating the complexities of insolvency in the health care sector.