Workouts and Turnarounds

Insolvencies, workouts, and receiverships

We have assisted providers in recovering reimbursements owed by insolvent payors.  We have assisted both hospital systems and distressed small providers, such as physician practices or home health agencies, in creating arrangements to preserve the availability of needed services in the community; collaborating with bankruptcy counsel as necessary.  We have also served as legal counsel for the only Maine hospital to undergo state receivership proceedings, resulting in a turnaround in its relations with regulators, community members, the Medical Staff, and other key constituencies.