District Court Refuses Stay Protection for Provider Agreements in Bankruptcy
A recent court ruling is a good reminder to health care providers that bankruptcy may not (as is sometimes suggested) be a safe harbor for providers in danger of being forced out of business by the loss of their Medicare and Medicaid provider agreements. That reminder comes from a district court in the Middle District of Florida, which ruled the bankruptcy automatic stay did not prevent termination of Medicare and Medicaid provider agreements where the provider has failed to pursue all other administrative remedies.
*This alert was originally posted on Arent Fox's Health Care Counsel blog. To read this alert in its entirety, please click here.