Jeff Sommer, Managing Director, Stroudwater Associates, speaks with Tom Waldrep, former United States Bankruptcy Judge with the United States Bankruptcy Court for the Middle District of North Carolina, about how financial and operational distress affects rural hospital partnerships and why strategic drift destroys value and jeopardizes strategic options. They discuss the early warning signs of distress that could lead to bankruptcy or sale, strategic options for mitigating distress and entering into a partnership or restructure, and the unique challenges and opportunities facing rural hospitals today. Sponsored by Stroudwater.Watch this episode: https://www.youtube.com/watch?v=-45iawb8CBwLearn more about Stroudwater: https://www.stroudwater.com/ Essential Legal Updates, Now in Audio AHLA's popular Health Law Daily email newsletter is now a daily podcast, exclusively for AHLA Premium members. Get all your health law news from the major media outlets on this podcast! To subscribe and add this private podcast feed to your podcast app, go to americanhealthlaw.org/dailypodcast. Stay At the Forefront of Health Legal Education Learn more about AHLA and the educational resources available to the health law community at https://www.americanhealthlaw.org/.

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“What did the council decide on item 42?” — answered with the speaker and the moment.