Tag Archives: medical
How Medical Practices Can Use Chapter 11 to Survive Cash Shortfalls
Medical practices can fall into financial straits despite having a steady stream of patients. Cash flow can be strained by high payroll expenses, increasing malpractice insurance premiums, constantly delayed insurance reimbursements and the need to buy or lease expensive equipment. Unexpected cost overruns can quickly erode a practice’s profitability, particularly when reimbursement rates fail to […]
