At least 38 healthcare-related companies have filed for bankruptcy in the last five years, according to a new report from the Private Equity Stakeholder Project, a nonprofit organization.
Additionally, according to the report, more than 20% of the healthcare bankruptcies in 2023 were by private equity-backed companies.
Here are the 38 healthcare companies that have filed for bankruptcy, followed by the date they filed. All of the following entities were backed by private equity, the report said:
Air Methods Corp.: October 2023
Akumin: October 2023
Biocept: October 2023
RevitaLid Pharmaceutical Corp: October 2023
Legacy-Xspire Holdings: September 2023
SmileDirectClub: September 2023
American Physician Partners: August 2023
Center for Autism and Related Disorders: June 2023
Genesis Care Pty: June 2023
Capcium: May 2023
Envision Healthcare Corp.: May 2023
Jenny Craig: May 2023
Si02 Medical Products: March 2023
Williamston Hospital Corp.: March 2023
Tehum Care Services: February 2023
Delphi Behavioral Health Group: February 2023
Pharmacy Development Services: January 2023
Pipeline Health System: October 2022
Level Four Orthotics & Prosthetics: August 2022
Carestream Health: August 2022
CFX CDO: January 2022
Watsonville Hospital Corp.: December 2021
Gulf Coast Health Care: October 2021
CMC II: March 2021
Community Intervention Services: January 2021
American Purchasing Services: December 2020
Adeptus: December 2020
Benevis: August 2020
Interactive Health Solutions: June 2020
IntegraMed Management of Mobile: May 2020
Cedar Haven Acquisition: August 2019
THG Holdings: July 2019
Center City Healthcare: June 2019
Joerns WoundCo Holdings: June 2019
Memory Care America: June 2019
Laser Spine Institute: March 2019
Sheer Strength Labs: February 2019
Trident Holding Co.: February 2019