What’s ailing the health care industry? Chapter 11 filings by healthcare companies with over $1 million of assets more than tripled in 2017 according to data compiled by Bloomberg. Challenges such as regulatory changes, value-based reimbursement programs, mergers and acquisitions, changes in health care delivery and advancements in technology are just a few of the factors taking a toll on health care company finances. While there are several factors impacting the uncertainty of the health care industry, there are many solutions available for practices facing distress.
