Healthcare Bankruptcies Are a Growing Threat to Suppliers.

Healthcare bankruptcy filings have increased more than 300% since 2010, and no part of the industry is immune. Hospitals, physician practices, senior care facilities, and pharmaceutical companies are all filing at rates well above historic norms.

When a healthcare customer files for bankruptcy, unsecured suppliers often recover pennies on the dollar. In one recent case, secured creditors recovered 100% of their claims, unsecured creditors recovered just 4.3%.

The difference between those two outcomes? A UCC Filing. 

Download this free resource to understand exactly what's at stake and how to protect your business before a customer files.

What's Inside

• Why healthcare bankruptcies are rising and which subsectors are most at risk right now

• What a UCC-1 Financing Statement is and how it works under Article 9 of the Uniform Commercial Code

• How filing a UCC establishes your secured creditor status and why that matters when assets are liquidated

• Real bankruptcy case examples showing exactly what secured vs. unsecured creditors recovered

• Steps any supplier, from office product distributors to operating room equipment providers, can take today to secure their receivables and right to repossess equipment