“Patients Rising… did a series in six states where we analyzed the medical bankruptcy file… focused on 340B hospitals… people were thrown a bill they could never pay.”
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Said on Pharmacy Podcast Network
Kate Bowler · Hidden Brain · When Bad Things Happen to Good People
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observed that medical bankruptcy is the leading cause of bankruptcy in the United States
number one form of bankruptcy
“Patients Rising… did a series in six states where we analyzed the medical bankruptcy file… focused on 340B hospitals… people were thrown a bill they could never pay.”
“They say we will never declare the infamous word bankruptcy”
“…as part of doing the bankruptcy, they closed 12 locations. It’s a way of pairing things back and streamlining…”
“Bankruptcy provides you a way to bind even holdout creditors, even creditors who wouldn't go along with the restructuring.”
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