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When Congress passed the Patient Protection and Affordable Care Act on March 23, 2010, it represented “the largest overhaul of the health care delivery system since the enactment of Medicare and Medicaid,” write the authors of this latest edition of the ABI Health Care Insolvency Manual, who include many members of ABI’s Health Care Committee.
This third edition includes updates reflecting the U.S. Supreme Court’s decision on key components of the PPACA, but also details the many challenges confronting the health care system, reeling from a rising number of bankruptcies. Mergers and acquisitions in the field have also increased by more than 300 percent in the years between 2008 and 2010, a trend that is expected to continue over the next several years.
Filled with caselaw, practical tips, and explanations of both the relevant Bankruptcy Code sections and the intricacies of the health care profession, the ABI Health Care Insolvency Manual is a vital resource for any bankruptcy practitioner dealing with a health care entity – such as a nursing home, hospital or HMO – that is teetering on the brink of insolvency. The manual also explores some of the myriad bankruptcy alternatives available to the health care debtor.