Major healthcare company files for bankruptcy to sell assets

Major healthcare company, serving large healthcare systems, hospital laboratories, and academic medical centers, files for bankruptcy.

May 17, 2025 - 10:30
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Major healthcare company files for bankruptcy to sell assets

The healthcare sector has confronted monetary grief over the last year from a fluctuate of business complications including lingering results of the Covid-19 pandemic, fierce competitors, high indebtedness, rising hobby rates, and rising costs driven by inflation.

Biotechnology corporations, hospitals, and diagnostic corporations grasp all encountered monetary grief that has ended in restructurings and economic waste filings.

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