As reported on Becker’s Hospital Review HMP Managing Director Clare Moylan discusses the increasing prevalence of Chapter 9 “Municipal” Bankruptcy. With evidence of increasing financial distress among standalone, government-owned hospitals we can expect to see more Chapter 9 healthcare bankruptcies. The federal government has limited power to interfere with state sovereignty, so there are certain idiosyncrasies to Chapter 9 that make it more favorable for debtors than Chapter 11.
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