Debt woes mount for US healthcare sector as interest rates rise

Ella Castle

US healthcare companies are sinking into debt distress as they struggle to contend with rising interest rates and labour costs after the sector borrowed heavily to fund a dealmaking boom. A fifth of America’s distressed bonds were issued by healthcare companies — spanning services, facilities, managed care and pharmaceuticals — […]

Medical debt soars for consumers with hospital credit cards : Shots

Ella Castle

Many hospitals are now partnering with financing companies to offer payment plans when patients and their families can’t afford their bills. The catch: the plans can come with interest that significantly increases a patient’s debt. sesame/Getty Images hide caption toggle caption sesame/Getty Images Many hospitals are now partnering with financing […]

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