Healthcare Bankruptcies: A Financial Risk to Suppliers

In 2023, there were 1051 healthcare bankruptcy filings, which was a 135% increase over 2022. “Too big to fail” no longer applies to the medical/healthcare industry. Suppliers must take proactive steps to secure their receivables, inventory and equipment, or risk receiving pennies on the dollar in a bankruptcy. Download this resource to learn how creditors providing everything from basic office supplies to extensive operating room equipment have an opportunity to file a UCC to recover funds and repossess equipment.