Andrew Helman was quoted for a second time this week in the Wall Street Journal, sharing his opinion about the uncertainty surrounding what type of help is available to support hospitals in chapter 11 right now.
“A lack of clarity on what the government will pay for, and when, means that money isn’t available for the hospitals that need it right now, said Andrew Helman, a bankruptcy lawyer and co-chair of the American Bankruptcy Institute’s health-care committee.
Bankruptcy lawyers across the country are badgering lawmakers, wooing creditors and asking banks to take risks to keep small hospitals alive until aid money comes through.
‘It feels like I’m trying to pass the hat around for the client to maintain service in a crisis,’ Mr.
Helman said.”
