• Lenders, Landlords Can Turn to Healthcare Receiverships for Troubled Facilities
  • May 18, 2017 | Authors: Nancy A. Peterman; Rita M. Powers
  • Law Firm: Greenberg Traurig, LLP - Chicago Office
  • The healthcare industry presents challenges for operators, landlords, lenders, vendors, and others doing business within the sector. The industry is virtually always in turmoil amid reimbursement rate modifications, new enforcement efforts, and the ongoing evolution of the delivery of medical care.

    With the advent of the Affordable Care Act (ACA), certain players in the industry have faced new financial pressures from accountable care organizations (ACOs), for example. An ACO is comprised of a group of healthcare providers, such as physicians, hospitals, home health agencies, nursing homes, and therapy companies, that delivers coordinated care to a patient population.