At-risk providers hit again. Like NCFE before it, DVI files for bankruptcy, threatening access to capital for struggling and start-up healthcare providers.
Healthcare lenders National Century Financial Enterprises and DVI have fallen on hard times. One NCFE official pleaded guilty to fraud and DVI filed for bankruptcy last week. However, many say DVI's collapse won't reverberate through the industry like the fall of NCFE did. The president of Cypress Partners, Joseph Paul, left, says DVI's bankruptcy won't affect profitable, well-run companies.
D016361:Bankruptcy; D002202:Capital Financing; D003132:Commerce / Q000191:economics*; D005607:Fraud; D019981:Health Care Sector; D010414:Pennsylvania; D014481:United States