When a health care facility files for bankruptcy and closes,a _____ is appointed to make decisions for the bankrupt health care provider.

Question

Quizplus · Accepted Answer

A case trustee is appointed by the bankruptcy court to make decisions for the bankrupt entity. In the case of a health care facility, the case trustee would manage the facility's assets and debt, and make decisions related to patient care and the closure of the facility. Federal agencies, licensing authorities, and third-party payers may be involved in the process, but they would not be the entity responsible for making decisions for the bankrupt health care provider.

When a Health Care Facility Files for Bankruptcy and Closes,a