Summary
Rising costs in US healthcare are driving prices higher for consumers while placing increasing pressure on healthcare companies to optimize margins. Meanwhile, industry consolidation has raised the stakes and, in some instances, facilitated increasingly aggressive exercises of bargaining power by payors, providers and others. As a result of these trends, the ability to pursue affirmative legal claims cost effectively has become a strategic imperative for healthcare businesses seeking to vindicate their rights and recover losses while protecting their bottom lines. Legal finance offers a suite of tools to help healthcare businesses do so.
According to a recent amicus curiae brief from the American Hospital Association, US hospitals and health systems are facing an “unprecedented economic crisis”, with many struggling to break even due to a combinati…