Advising Health Care Providers in Financial Distress
Bankruptcy attorney Tyler Layne co-authored an article for the American Health Law Association (AHLA) on the financial challenges currently confronting healthcare providers. The article examines rising compliance costs, workforce shortages, declining reimbursements, funding cuts, shifting patient insurance coverage and increased scrutiny from both public and private payers, as well as offers practical guidance for attorneys advising providers experiencing or approaching financial distress. It also discusses how counsel can identify warning signs, navigate healthcare-specific regulatory and operational issues, and help clients evaluate strategies to address financial instability while maintaining compliance and continuity of care.
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