America's largest health care companies are in dire financial straits, with some of the biggest names on the chopping block as the remainder battle economic headwinds.

As patients struggle with rising medical debt , access issues and an overall lack of affordable, quality care, providers and other health care companies appear to be falling victim to the same system often described as being in crisis.

Surge In Filings

According to a recent report from Gibbins Advisors, the 79 health care bankruptcy filings in 2023 and 57 in 2024 surpassed the annual average of 42 for the previous four years. While senior care and hospital bankruptcies surged past typical levels in the first quarter, overall health care bankruptcies dropped markedly in the three months through July.

While the tally of

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