Monday, August 24, 2015

ACA Not To Blame For Healthcare Bankruptcies, Analysis Suggests


Modern Healthcare (8/21, Subscription Publication) reports that bankruptcy filings suggest the healthcare industry “has recovered more slowly than the improving economy would suggest.” According to the article, it’s not the ACA “by itself that’s pushing healthcare providers into bankruptcy, but a combination of forces including litigation, payment delays and even bad merger agreements.” The law firm Posinelli conducted an analysis of healthcare providers in distress, finding that tort litigation and payment delays topped the list of reasons for bankruptcy. “We did not see the Affordable Care Act being mentioned very much,” said healthcare attorney Bobby Guy.

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