There has been an uptick in healthcare provider bankruptcies in the last couple year. Providers claim the roll back of COVID-19 funding and implementation of the No Surprises Act have contributed to the financial strain, and ultimately the decision to file for Chapter 11 bankruptcy.

For payors, it’s a critical time to assess the impact on current business with providers and strategically approach ongoing legal matters.

• Examining key lessons coming out of the Envision bankruptcy and lawsuits
• Conducting business with a provider in bankruptcy – when do you need bankruptcy court approval
  • Assessing how your provider agreement is impacted under such circumstances
• Recognizing a debtor’s rights to assume, assume and assign or reject an executory contract
• Identifying key provisions in plans of reorganization and sales motions and how they may impact your contractual rights