Real Estate Could Yield Much-Needed Liquidity for Educational Institutions
Early in the pandemic, a think tank responded to the financial crisis facing America’s colleges and universities by recommending the use of a single metric to gauge risk at these institutions—liquidity. The Century Foundation’s basic argument was that schools should be ranked as liquid (having at...
TMA-Northern Ohio

July 14, 2020

Join the Northern District of Ohio's Subchapter V Bankruptcy Trustees as they discuss how the new legislation is being applied by debtors, courts, and trustees. The panel will talk about the types of cases filed, pending issues, recent decisions, and...

TMA Minnesota

July 14, 2020

Given the trade wars and COVID-19 pandemic, the agricultural industry has experienced financial stress not seen since the 1980s. This panel will address underlying issues impacting the agricultural industry, and how to manage troubled credits during these...

Medicare, Medicaid Provider Agreements May Transfer Free and Clear in Bankruptcy
There are significant benefits to a healthcare entity selling assets in bankruptcy, particularly with respect to the transfer of its Medicare or Medicaid provider agreements. A commonly held view 1 is that bankruptcy offers little use to healthcare entities reliant on Medicare or Medicaid payments...
How THG May Alter the Landscape in Healthcare Provider Bankruptcies
The Bankruptcy Court for the District of Delaware on August 29, 2019, decided In re THG Holdings LLC, 604 B.R. 154 (Bankr. D. Del. 2019). In THG , Judge John T. Dorsey ruled that the automatic stay of U.S. Bankruptcy Code Section 362 precluded a postpetition continuation and reversal of a...
Illustration of bar graph with Stethoscope and dental tools
Between 2015 and 2020, private equity firms made more than 75 platform investments in physician practice management companies (PPMs) and more than 50 platform investments in dental service organizations (DSOs). This investment frenzy was driven by private equity’s desire to deploy its $1.5 trillion...
Illustration of Doctor Holding shield. Title: Sustaining Healthcare Providers Through the Pandemic
While healthcare generally represents a bright spot in a teetering U.S. economy, COVID-19 has demonstrated that healthcare providers are not immune to the financial pressures associated with the pandemic. As COVID-19 began to spread beyond China and Italy, U.S. hospitals, physician practices, long-...
How COVID-19 Magnified the Fragility of the U.S. Healthcare Sector
COVID-19 and its resulting economic impact have taken a destructive toll on society. At its core, the pandemic has been a health crisis, so, not surprisingly, healthcare has been one of the sectors of the economy that has been most severely impacted. Societal measures to “flatten the curve,” such...
TMA Town Hall for August 19, 2020

Healthcare Industry Distress, sponsored by SAK Management Services, LLC

Hear four distinct viewpoints on the healthcare industry's distress: the hospital environment, the nursing home environment, lenders, and legal. How will the impacts of COVID-19 impact healthcare...

Maximizing Value Amid Uncertainty in the Healthcare Industry
Managing through uncertainty is a constant for healthcare operators. For years, healthcare companies have faced disruption related to reimbursement rate cuts or new market entrants. However, the impact of COVID-19 is creating a new kind of stress across various sectors in the healthcare industry...