Debtwire Middle-Market – 3/25/2024

Healthcare is generating significant numbers of restructuring cases


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A guide to distress in healthcare

The US healthcare sector has been beset by malaise in recent months, with the number of restructuring cases lurching to 49 in 2023 from 23 the previous year. Prospects show little sign of improving in 2024, with a dozen Chapter 11 cases already on the table since 1 January, representing USD 3bn of liabilities.