Major health care product company files for Chapter 11 bankruptcy

TheStreetFriday, October 10, 2025 at 8:00:00 PM
Major health care product company files for Chapter 11 bankruptcy
A major health care product company has filed for Chapter 11 bankruptcy, reflecting a troubling trend in the industry. While the rate of bankruptcy filings among health care providers and hospitals had surged in recent years, recent data shows a significant slowdown in 2025, with fewer than one-third of the petitions compared to previous years. This situation highlights the ongoing challenges faced by the health care sector, raising concerns about the stability and future of health services.
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