Major healthcare company files for Chapter 7 liquidation
The physician staffing firm ceased operations and is winding down its business, which served about 35 hospitals nationwide.
The healthcare sector has confronted financial injure in most modern years, leading sanatorium chains, healthcare suppliers, and varied clinical-related companies to search out-of-court docket restructurings, chapter filings, and usually shut down operations.
The reasons for financial injure in the trade embrace capital constraints, label increases and labor shortages, healthcare regulatory adjustments, components with payments from industrial and managed care payors, and varied macroeconomic challenges.
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