Creditors' Rights & Bankruptcy

Health Care - Bankruptcy & Restructuring

In the fast paced arena of health care finance, issues relating to receivables financing, third party reimbursement, asset sales and restructuring often come to bear upon health care professionals. The Creditors' Rights & Bankruptcy Service Group advise their health care clients as to the unique issues arising when a health care provider or lender in the health care field experiences an insolvency question. The Creditors' Rights & Bankruptcy Service Group provides services in advising clients as to asset sales, work-outs and restructuring, as well as representation in Chapter 7, 9 or 11 cases that involve health care providers such as doctors or hospitals. This representation covers the gamut from health care providers, to vendors, to landlords and lenders. Members of our Creditors’ Rights & Bankruptcy Service Group partner with members of our other practice groups, including the Health Care Group, Environmental & Natural Resources, Intellectual Property, Construction, Real Estate and Banking to provide a full service response to your business needs from coast to coast.

In the area of health care insolvency, our Creditors' Rights & Bankruptcy Service Group attorneys:

  • Negotiate the sale of assets including Certificates of Need
  • Restructure provider based receivable financing
  • Negotiate lease disputes including assumption/rejection in bankruptcy
  • Represent clients in Chapter 7, 9 and Chapter 11 health care cases
  • Advise lenders and trade creditors as to the recovery of their claims
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Client Alerts

Significant Bankruptcy Issue Pending Before U.S. Supreme Court

In December 2023, the U.S. Supreme Court heard oral arguments in the case of Harrington v. Purdue Pharma, L.P., Case No. 23-124. Purdue Pharma is the drug manufacturer of the prescription opioid, OxyContin, an alleged contributor to a major public health crisis involving loss of life due to overdose. Chrisandrea Turner takes a look at the case in this Stites & Harbison Client Alert.

by Chrisandrea L. Turner April 04, 2024
Press Releases

Chrisandrea Turner Selected for Leadership Lexington’s Class of 2023-24

LEXINGTON, Ky.—Leadership Lexington has selected Stites & Harbison, PLLC attorney Chrisandrea L. Turner as a member of the 2023-24 Leadership Lexington program.

by Stites & Harbison, PLLC August 29, 2023
Press Releases

Kelly White Bryant Promoted to Chair of Stites & Harbison’s Health Care Service Group

LOUISVILLE, Ky.—Stites & Harbison, PLLC is pleased to announce that attorney K. Kelly White Bryant has been promoted to Chair of the firm’s Health Care Service Group.

by Stites & Harbison, PLLC July 17, 2023
Press Releases

Stites & Harbison Earns National and Regional Top 10 Honors from ABA Health Law Section

LOUISVILLE, Ky.—The American Bar Association (ABA) Health Law Section has ranked Stites & Harbison, PLLC in its Tenth Annual Regional Top 10 Law Firm Recognition List of Top 10. The firm ranked 8th in the inaugural National Top 10 list and 4th in the South Top 10 list. Stites & Harbison has been honored nine consecutive times to the South list.

by Stites & Harbison, PLLC May 19, 2023