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Analysis

Healthcare Bids for Bankruptcy at Record Levels

For the last couple of years, bankruptcy filings for healthcare organizations have been on the rise because of regulatory pressure, falling incomes, and labor shortages.

A recent Financial Times article about soaring U.S. healthcare bankruptcies might seem surprising. It reported that were almost five times as many 2023 Chapter 11 filings among large healthcare companies as in 2022.

But a quick review of the last few years shows that the problems have been growing in plain sight. This is potentially bad news for landlords as bankruptcy filings can leave creditors hanging out to dry, as WeWork’s bankruptcy process has reminded.

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Erik Sherman

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