A flurry of bankruptcy filings from senior-focused health care facilities has shaped the US economic distress in the fourth quarter of 2021, according to the newest Polsinelli-TrBK Distress Indices Report.
The report illustrates how senior living-focused organizations, independent/assisted living communities and skilled nursing facilities represent a significant portion of the health care bankruptcy filings as health care begins its return to pre-pandemic numbers.
These health care facilities are dealing with decreased patient census, increased operating costs, and significant pressure on staffing and labor costs.
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