When California's Brotman Medical Center filed for Chapter 11 bankruptcy in October, attorneys paid attention. Its financial struggles are likely to be a harbinger of hospital woes to come as the number of uninsured patients grows and hospital revenues decrease. O'Melveny & Myers is actively targeting hospital bankruptcies, hoping to cash in on a climate of upheaval. Other firms are ramping up as a hospital crisis looming in California may mean plenty of legal work to go around.
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Hospitals Need Lawyers -- Stat!
The Recorder
December 10, 2007
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