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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};ge("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat($n)),notifLabel:document.querySelector(".".concat(Xn))};t.notifDropdown&&so(e,t)}))}()}};]]>Kirk O’NeilSat, October 11, 2025 at 1:00 AM GMT+2 3 min readThe increased rate of bankruptcy filings by health care providers, organizations, and hospitals over the previous two years has slowed down in 2025 with less than one-third as many petitions filed so far this year, based on data from Becker's Hospital Review.The health care industry has recorded at least 18 bankruptcy filings this year as of the first week of October 2025.That's significantly fewer than the 57 filings for the year in 2024 and 79 cases in 2023. It's also fewer than half the annual filing average of 42 each year from 2019 through 2022, according to Gibbins Advisors.Health care bankruptcies, Jan.-Oct. 2025: 18Health care bankruptcies, 2024: 57Health care bankruptcies, 2023: 79Among the major filings this year has been health care facilities operator Genesis Healthcare Inc., which filed for Chapter 11 bankruptcy on July 9, with over $708 million in secured debt and over $1.5 billion in unsecured debt.Also, giant health care services provider ModivCare Inc. and 70 affiliates filed for a prearranged Chapter 11 bankruptcy on Aug. 20, seeking to reduce their $1.4 billion in debt and hand their assets to prepetition lenders, facing an unsustainable capital structure, deteriorating liquidity, and industry headwinds.Navidea Biopharmaceuticals has filed for bankruptcy.Getty ImagesAnd now, troubled biopharmaceutical company Navidea Biopharmaceuticals Inc. has filed for Chapter 11 protection, facing financial distress after years of litigation, supply chain issues, and a recent threat of an involuntary bankruptcy petition.The Columbus, Ohio-based debtor listed $1 million to $10 million in assets and $10 million to $50 million in liabilities in its Subchapter V petition filed on Oct. 1. The company said in it filing that it had $1.2 million in assets and $12.8 million in liabilities as of Aug. 31, 2025.The company's largest unsecured creditors include Winstead PC, owed over $566,000; Fredrickson & Byron P.A., owed over $479,000; and WorldCare Clinic LLC, owed over $255,000.Navidea filed a motion seeking approval of up to $940,000 in debtor-in-possession financing from its secured creditor John Kimball Scott Jr., a member of the company's board of directors, who is owed $7.76 million in debt.The biopharmaceutical company develops precision medicine with immuno-targeted products, including Lymphoseek, a first-of-its-kind product that assists in the diagnosis of metastatic cancers that may have spread to lymph nodes and also assists in the staging process.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,552.51 -182.60 (-2.71%)Dow 3045,479.60 -878.82 (-1.90%)Nasdaq22,204.43 -820.20 (-3.56%)Russell 20002,394.60 -74.25 (-3.01%)VIX21.66 +5.23 (+31.83%)Gold4,000.40 +27.80 (+0.70%)PortfolioSign in to access your portfolioSign inTop gainersPTGX Protagonist Therapeutics, Inc. 87.00 +19.96 (+29.77%)APLD Applied Digital Corporation 33.99 +4.70 (+16.05%)NAMS NewAmsterdam Pharma Company N.V. 37.05 +4.05 (+12.26%)FRMI Fermi Inc. 29.08 +2.31 (+8.63%)MP MP Materials Corp. 78.34 +6.05 (+8.37%)Top losersVG Venture Global, Inc. 9.45 -3.13 (-24.88%)DGNX Diginex Limited 24.93 -6.46 (-20.58%)CORT Corcept Therapeutics Incorporated 73.96 -14.40 (-16.30%)WRD WeRide Inc. 10.17 -1.80 (-15.04%)AMBA Ambarella, Inc. 72.88 -11.40 (-13.53%)Most activeNVDA NVIDIA Corporation 183.16 -9.34 (-4.85%)BBAI BigBear.ai Holdings, Inc. 7.22 -0.27 (-3.60%)BITF Bitfarms Ltd. 4.2000 +0.0300 (+0.72%)INTC Intel Corporation 36.37 -1.43 (-3.78%)PLUG Plug Power Inc. 3.4200 -0.3600 (-9.52%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 111,769.44 +234.44 (+0.21%)PPL PPL Corporation 37.23 +0.29 (+0.79%)NVX NOVONIX Limited 2.9400 +0.7750 (+35.80%)MMM 3M Company 148.75 -4.13 (-2.70%)OPAI.PVT OpenAI 723.12 0.00 (0.00%)Top economic events