Health Care Debt Defaults

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Here's how much medical debt there is in the U.S. : Shots - Health …

(6 days ago) WEBIn the past five years, more than half of U.S. adults report they've gone into debt because of medical or dental bills, the KFF poll found. A quarter of adults with …

https://www.npr.org/sections/health-shots/2022/06/16/1104679219/medical-bills-debt-investigation

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The health care dangers of a debt default - Axios

(3 days ago) WEBThe health care dangers of a debt default. If the federal government breaches the debt ceiling, Medicare wouldn't be able to pay providers — and states wouldn't get their federal Medicaid funding, experts tell Axios. Why it matters: Losing out …

https://www.axios.com/2023/05/05/debt-ceiling-breach-health-care-meltdown

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Why a financial regulator is going after health care debt - NPR

(1 days ago) WEBWhy the Consumer Financial Protection Bureau is tackling medical debt : Shots - Health News The Consumer Financial Protection Bureau, created after the …

https://www.npr.org/sections/health-shots/2024/03/01/1234998635/why-a-financial-regulator-is-going-after-health-care-debt

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Health Care Debt In The U.S.: The Broad Consequences Of Medical …

(7 days ago) WEBHealth care debt does not have to be enormous for people to have problems paying it off, though some do report owing large amounts. About half of adults …

https://www.kff.org/report-section/kff-health-care-debt-survey-main-findings/

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Default, Transition, and Recovery: Corporate Defaults Jumped 80

(5 days ago) WEBThe health care sector emerged in 2023 as a sector of note, posting the third-highest default tally of any sector, with 18 defaults--three times its 2022 tally and …

https://www.spglobal.com/ratings/en/research/articles/240116-default-transition-and-recovery-corporate-defaults-jumped-80-in-2023-to-153-12968832

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34 healthcare companies at risk of default as debt rises amid weak

(6 days ago) WEBA total of 34 healthcare companies are at risk of default going into 2023 amid excessive debt levels and weak operating performance, Moody's said in a Dec. 12 report shared …

https://www.beckershospitalreview.com/finance/34-healthcare-companies-at-risk-of-default-as-debt-rises-amid-weak-operating-performance-moodys.html

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Health-Care Companies Face a Wave of Defaults Next Year

(7 days ago) WEBNorth America’s overleveraged health-care companies have begun to default on debt payments, and Moody’s says that may just be the beginning. More than …

https://www.bloomberg.com/news/newsletters/2023-12-19/health-care-companies-face-a-wave-of-defaults-in-2024

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Health Care Debt In The U.S.: The Broad Consequences Of Medical …

(8 days ago) WEBThe KFF Health Care Debt Survey finds that four in ten adults have some form of health care debt, with most citing one-time or short-term medical expenses as …

https://www.kff.org/health-costs/report/kff-health-care-debt-survey/

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More healthcare companies at high risk of default: Moody's

(3 days ago) WEBThe 34 healthcare companies on the B3N List have nearly $65 billion of outstanding debt, an increase of 57% compared to March 2020 at the onset of the …

https://www.fiercehealthcare.com/finance/healthcare-companies-default-risk-steadily-rising-most-owned-private-equity-moodys

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Health Care Debt In The U.S.: The Broad Consequences Of Medical …

(9 days ago) WEBThe sample includes 1,674 adults with current or past health care debt and 698 adults who have not had health care debt in the past five years. The majority of …

https://www.kff.org/report-section/kff-health-care-debt-survey-main-findings-methodology/

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Debt woes mount for US healthcare sector as interest …

(3 days ago) WEBOutstanding debt held by the constituents of Moody’s B3N list stood at almost $65bn in December, up from $33bn as recently as January 2019. The sharp escalation in total borrowings stemmed from

https://www.ft.com/content/b0679b82-baf2-495f-8684-8ac8d3d80a0f

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Health-Care Debt Gets Harder Look as Distress Builds

(4 days ago) WEBThe heavy debt loads and the rapidly rising interest rates made healthcare one of the leaders in downgrades in 2022. Now, more than 70% of the companies are …

https://www.bloomberg.com/news/articles/2023-02-08/healthcare-debt-gets-harder-look-as-distress-builds-prices-drop

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What a debt ceiling breach could mean for health care

(5 days ago) WEBHere are some key areas of health care that would be affected by a debt limit breach: Medicare/Medicaid: Many providers’ revenues come from federal programs …

https://www.politico.com/newsletters/politico-pulse/2023/05/22/what-a-debt-ceiling-breach-could-mean-for-health-care-00098077

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Many healthcare companies will have no option but to default in …

(Just Now) WEBCompanies will have to restructure debt or default well ahead of maturity walls that remain modest in 2024 but accelerate in 2025, Moody's said. Ten healthcare …

https://www.healthcarefinancenews.com/news/many-healthcare-companies-will-have-no-other-options-default-2024-moodys-says

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3 ways a debt default could be 'catastrophic' for healthcare

(3 days ago) WEBAccording to Modern Healthcare, a debt default "could have a catastrophic impact on provider payments," depending on which programs the federal government …

https://www.advisory.com/daily-briefing/2023/05/25/debt-default

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Hospital Debt Collection Practices Require Urgent Reform Health

(4 days ago) WEBHealth Affairs Forefront. Hospital Debt Collection Practices Require Urgent Reform. Medical debt is perhaps the largest financial burden facing Americans today. On March …

https://www.healthaffairs.org/content/forefront/hospital-debt-collection-practices-require-urgent-reform

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PE-backed health care companies face default risk - Axios

(9 days ago) WEBAs health care's credit default risk rises, private equity owns 90% of companies rated B3 negative and lower, according to a Moody's report this week. Why it …

https://www.axios.com/pro/health-tech-deals/2022/12/15/health-care-default-risk-rises-moodys-report

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Paying for It: How Health Care Costs and Medical Debt Are Making

(7 days ago) WEBThe Commonwealth Fund Health Care Affordability Survey, fielded for the first time in 2023, asked U.S. adults with health insurance, and those without, about …

https://www.commonwealthfund.org/publications/surveys/2023/oct/paying-for-it-costs-debt-americans-sicker-poorer-2023-affordability-survey

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New parents contend with an average of $3,000 of medical debt

(7 days ago) WEBAbout 12% of the 100 million U.S. adults with health care debt attribute at least some of it to pregnancy or childbirth, according to a KFF poll.

https://www.npr.org/sections/health-shots/2024/05/09/1250233411/childbirth-pregnancy-medical-debt

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The Growing Policy Wave Of Medical Debt Cancellation: States …

(4 days ago) WEBThe burden of medical debt in the United States is a growing concern as health care costs continue to rise and many people report trouble affording care.Up to …

https://www.healthaffairs.org/content/forefront/growing-policy-wave-medical-debt-cancellation-states-taking-action

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This New York health system stopped suing patients over medical …

(8 days ago) WEBNationally, nearly half of adults are unable to cover a $500 medical bill without going into debt, a 2022 KFF poll found. “We have to remove that as a barrier to …

https://www.marketplace.org/2024/05/14/new-york-health-system-stopped-suing-patients-medical-debt/

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Insurance doesn't protect against medical debt. What cancer …

(2 days ago) WEBThe results were based on survey responses taken from nearly 1,300 cancer patients and survivors from March 18 through April 14. Overall, 47% of patients reported …

https://www.nbcnews.com/health/health-news/nearly-half-cancer-patients-medical-debt-insured-rcna151450

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Bankrupt Steward Health puts its hospitals up for sale, discloses $9

(2 days ago) WEBBankrupt Steward Health Care has put all of its 31 US hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total …

https://www.cnn.com/2024/05/07/business/steward-health-puts-hospitals-up-for-sale/index.html

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Mortality In Health Care: What Factors Lead To Default For

(2 days ago) WEBGaining a deeper understanding of the factors that have led to past defaults for pharmaceutical companies can help us better understand default risk in this unique …

https://www.spglobal.com/ratings/en/research/articles/220214-mortality-in-health-care-what-factors-lead-to-default-for-pharmaceutical-companies-12275721

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Medical crowdfunding isn't a solution for skyrocketing health care …

(8 days ago) WEBNora Kenworthy has spent years studying the world of crowdfunding for health care — along with the way it ends up amplifying the inequities that dictate who …

https://www.statnews.com/2024/05/20/crowdfunding-medical-bills-no-solution-high-health-care-costs/

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Steward Health Care: Who buys a bankrupt and in debt hospital …

(5 days ago) WEBA debt-driven acquisition: How a private equity firm came to own Steward Health Care. Steward Health Care was founded in 2010 when the private equity firm, …

https://www.enterprisenews.com/story/news/healthcare/2024/05/15/steward-health-care-bankruptcy-private-equity-firms-potential-buyers/73639526007/

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Lapse in payments by CarePoint to state program puts funding for …

(8 days ago) WEBAerial view of CarePoint Health Bayonne Medical Center, Monday, April 4, 2022. and this time the outstanding debt could cost hospitals outside CarePoint’s …

https://www.nj.com/hudson/2024/05/lapse-in-payments-by-carepoint-to-state-program-puts-funding-for-other-hudson-hospitals-in-jeopardy.html

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Medical Debt and Cancer American Cancer Society Cancer Action …

(8 days ago) WEBOther research also documents the negative effect medical debt has on people with cancer including housing concerns, strained relationships, 3 and bankruptcy. …

https://www.fightcancer.org/policy-resources/medical-debt-and-cancer

Category:  Cancer,  Medical Show Health

Monthly Corporate Defaults Hit Highest Level Since 2020

(4 days ago) WEBCorporate debt defaults hit a global tally of 18 in April, the highest monthly level since October 2020 at the height of the Covid pandemic, according to research by …

https://www.wsj.com/livecoverage/stock-market-today-dow-jones-05-14-2024/card/monthly-corporate-defaults-hit-highest-level-since-2020-yCdFuCPfqJsUFazfmRzp

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Private equity in health care: three takeaways going forward

(9 days ago) WEBThese same agencies also held a Private Capital, Public Impact Workshop on Private Equity in Healthcare ("Workshop"), also on March 5, 2024, detailing many …

https://www.reuters.com/legal/litigation/private-equity-health-care-three-takeaways-going-forward-2024-05-09/

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What happens if the U.S. defaults? How the debt ceiling could …

(5 days ago) WEBSenior staffers tapped to lead negotiations on raising debt ceiling as deadline looms 02:52. Time is running out to reach a deal to avert a historic default on …

https://www.cbsnews.com/news/debt-ceiling-deadline-default-impact-on-your-money-social-security-mortgage/

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Brazil Health-Care Firms Push to Reduce Debt as Shares Sink

(9 days ago) WEBBrazilian health-care companies are taking steps to lower their debt burdens after a wave of ferocious dealmaking, combined with increasing operating costs and …

https://www.bloomberg.com/news/articles/2024-05-15/brazilian-health-care-firms-push-to-reduce-debt-as-share-prices-sink

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Biden and McCarthy set to meet again to try to close distance on …

(3 days ago) WEBAs the threat of a potential U.S. default on its debt is growing ever closer. The same can’t be said for the negotiators working to secure a deal to stave off an …

https://www.politico.com/news/2023/05/21/debt-default-talks-biden-mccarthy-00098060

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What's in this year's federal budget? Here are all of the …

(9 days ago) WEBHealth and aged care All up, the government is spending an extra $8.5 billion on health and Medicare in this year's federal budget, with $227 million of that put …

https://www.abc.net.au/news/2024-05-14/federal-budget-2024-chalmers-tax-cuts-cost-of-living-surplus/103810306

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Healthcare Financing The Capital Lenders Montclair, NJ

(6 days ago) WEBThe Capital Lenders are committed to providing a wide range of healthcare financing services so that we can take care of those who keep our nation healthy. Contact Us …

https://www.thecapitallenders.com/commercial-financing/healthcare-financing/

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Women's HealthCare Group of North Jersey

(3 days ago) WEBFor information about Holy Name Medical Center, please visit www.holyname.org. Holy Name Medical Center. 718 Teaneck Road. Teaneck, NJ 07666. Phone: 201-833-3000.

https://www.whcgnj.com/

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