Hahnemann Tail Coverage Finalized

The Hahnemann closure-related nightmare has ended regarding Tail coverage. A federal bankruptcy judge has approved a settlement with Hahnemann’s owners to pay for the long-tail coverage. The settlement, approved in Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware, will also provide the legally required coverage for the 100 attending physicians who lost their jobs when Hahnemann closed in the summer of 2019.

PCMS partnered with the Pennsylvania Medical Society, AMA and others in working toward a resolution for the physicians affected by the closure.

You can view the order here.

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