Private equity healthcare bankruptcies spiked in 2023, with more expected this year

Private equity healthcare bankruptcies spiked in 2023, with more expected this year 
McKnights Senior Living, by Kathleen Steele Gaivin; 4/18/24 
Private equity healthcare bankruptcies hit a record high last year, with more expected this year, according to nonprofit Private Equity Stakeholder Project. “The healthcare default and bankruptcy wave is projected to continue in 2024 as companies are increasingly facing credit rating downgrades and potential defaults – and most of the companies at the highest risk are owned by private equity firms,” the organization reported.