West Virginia (WV) Health Healthcare CLE Course Catalog

Join us for an engaging and insightful program where we will delve into the intricacies of distressed healthcare restructurings. Our esteemed speakers will provide a comprehensive exploration of the evolving landscape in the healthcare industry and dive into the challenges and strategies surrounding distressed healthcare entities.

Join a panel of key thought leaders and distinguished experts as they provide a comprehensive discussion of the significant role of bankruptcy in hospital restructuring. Speakers, among other things, will guide you through the bankruptcy process, filing requirements, and other critical considerations.

This panel will address issues that have recently arisen at the intersection of health care and commercial/regulatory law, including regulation and ownership of cloud-based/electronic records, state regulation of nonprofit debtors, and recent developments in Medicare/Medicaid recoupment rights.

The health care industry in general, and hospitals in particular, have been severely affected by the COVID-19 pandemic in many respects. At its most basic level, the impact has been devastating financially. The American Hospital Association estimates that between March 1 and June 30, 2020, hospitals will have suffered financial losses of $202.6 billion, or approximately $1.66 billion per day. These losses affect all hospitals, whether they are part of large chains or are stand-alone nonprofits. Economists expect the result to be more financial failures, mergers and bankruptcy filings in an industry that was already in dire financial straits. The panelists will discuss several issues that have been pushed to the forefront by the recent decisions in Gardens Medical Center and Verity Health Systems.