Strategy

Debt Ailments Affecting Large Physician Services Companies

An article in the Wall Street Journal (Saturday/Sunday edition, September 28 – 29, 2019) revealed that the corporate debt of large physician services companies, TeamHealth and Envision Healthcare, was now trading below the distress ratio. These, and other, healthcare companies’ junk-rated bonds are now trading below 80 cents on the dollar, the upper limit of […]

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