Healthcare Restructuring

/Overview

When it comes to financial restructuring and hospital bankruptcies, our cross-practice healthcare restructuring team provides comprehensive assistance to owners and operators, covering the full spectrum of issues in today’s healthcare landscape—regulatory compliance, financial management, labor and employment issues, and real estate. 

Additionally, we offer support to investors seeking to acquire financially distressed healthcare companies and assets. If necessary, our team brings extensive experience guiding company-driven financial restructuring, hospital bankruptcies, and Chapter 11 reorganizations.

Trust us to navigate the complexities of financial restructuring in the healthcare industry, ensuring effective solutions and positive outcomes for all parties involved.

/Representative experience

• Wachusett Ventures LLC, a skilled nursing operator in Massachusetts and Connecticut, in severe financial distress due to macroeconomic and industry-wide economic issues impacting the skilled nursing industry
• Lakes Region General Healthcare (LRGHealthcare) in its chapter 11 bankruptcy and the sale of all its assets to Concord Hospital, keeping local, affordable, quality health care available in New Hampshire, preserving pensions, and retain 1,300 jobs
• Lawrence + Memorial Hospital in the acquisition of the Westerly Hospital and its various affiliates, including two physician practice companies and an energy company

/Recognition

• Nixon Peabody has been named a Tier 1 National firm for Health Care Law in the 2025 edition of Best Law Firms® and in consecutive years prior; named “Law Firm of the Year” in Healthcare Law by Best Law Firms in 2016
• Named as a leading firm in Healthcare by Chambers USA in 2021; 31 healthcare lawyers ranked
• Recognized as a top law firm in Healthcare by the American Bar Association’s Health Law Section
• Ranked nationally as one of the largest healthcare firms by Modern Healthcare