Uncertainty Returns to Healthcare Industry Out-of-Court Restructurings with Senate Rejecting ACA Repeal

By a News Reporter-Staff News Editor at Investment Weekly News -- Uncertainty with the Affordable Care Act and rising costs will prompt more out-of-court restructurings in the healthcare industry, while the retail and energy sectors will have a steady flow of restructurings through the end of the year, according to restructuring attorneys and advisers, according to The Deal, a business unit of TheStreet, Inc. (NASDAQ: TST).

"Healthcare industry out-of-court restructurings seemed to return to stability in the second quarter of 2017 based on assumptions by restructuring advisers that the Affordable Care Act was on firm ground," said Kirk O'Neil, out-of-court restructuring reporter at The Deal. "But uncertainty in the healthcare industry has returned for the second half of 2017, as President Trump continues his campaign to undermine the ACA after the U.S. Senate rejected legislation to repeal the act."

The report also mentions the healthcare, retail and energy sectors will be the most active for out-of-court restructurings through the end of 2017.

The Deal's exclusive ranking covers the top global advisers involved in out-of-court cases filed between January 1 and June 30, 2017.

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