Hospital Acquistion LLC – Acute Care Hospital Operator Files Chapter 11, Cites Medicare-Driven Decline in Reimbursement Rates Resulting in Untenable Debt Service and Liquidity Issues

May 6, 2019 − Privately-held Hospital Acquisition LLC and 25 affiliated Debtors (trading as Lifecare Health Partners, "LifeCare" or the "Debtors") filed for Chapter 11 protection with the U.S. Bankruptcy Court in the District of Delaware, lead case number 19-10998. The Company, leading operator of long-term acute care (“LTAC”) hospitals in the United States ,…