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Forum (Forum & Focus)

Oct. 22, 2008

Code Red

A wave of health care facility bankruptcies is providing opportunities for potential buyers to capture unrealized value and turn the facilities around financially, write Allan H. Ickowitz and John W. Kim.

FORUM COLUMN

By Allan H. Ickowitz and John W. Kim

A wave of health care facility bankruptcies is providing opportunities for potential buyers to capture unrealized value and turn the facilities around financially. Early bidders on such facilities, however, must take care to avoid pitfalls in the process if they are to take full advantage of any bankruptcy opportunity.

The Current Climate

In Southern California, there...

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