“Rising Costs and Consolidation in US Healthcare Sector Drive Major Disputes: Burford Quarterly Report Reveals”
The US healthcare sector is facing significant challenges as consolidation and rising costs drive an increase in major disputes, according to the latest Burford Quarterly released by Burford Capital, a leading global finance and asset management firm focused on law.
The healthcare industry in the United States is one of the largest sectors in the country, but it is currently grappling with a range of business factors that are contributing to a rise in disputes. From consolidation among healthcare providers to the ongoing impacts of the Covid-19 pandemic, these challenges are reshaping how healthcare businesses pursue and finance recoveries.
David Perla, Co-COO of Burford Capital, highlighted the impact of economic factors and business trends on companies across industries, with a particular focus on the US healthcare sector. Perla noted that increasing consolidation and rising costs are leading to more frequent and larger disputes within the industry.
In addition to the healthcare sector, the Burford Quarterly also delves into other key trends at the intersection of law and finance. One such trend is the rise in construction sector disputes, with experts discussing megaprojects, the use of AI, and the challenges of accurately forecasting and managing construction disputes.
The journal also explores the European perspective on the Unified Patent Court (UPC), a pan-European patent litigation system that has been in operation for a year. Patent experts weigh in on the impact of the UPC on businesses and law firms pursuing corporate IP monetization, noting an increasing interest in financing IP litigation in Europe.
Furthermore, judges at a recent legal finance industry conference shared their views on financial disclosure, arguing that mandatory disclosure of legal finance is unnecessary and could hinder the efficiency of businesses pursuing their claims.
Burford Capital, known for its expertise in litigation finance, risk management, and asset recovery, works with companies and law firms globally to provide a wide range of legal finance and advisory services. The firm is publicly traded on the New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), with offices in major cities around the world.
Overall, the Burford Quarterly offers a comprehensive analysis of the economic trends shaping various industries, with a particular focus on the challenges and opportunities facing the US healthcare sector. As businesses navigate these complex issues, insights from experts and industry leaders provide valuable perspectives on how to address disputes and drive growth in an evolving economic landscape.
For more information on Burford Capital and its services, visit www.burfordcapital.com.
SOURCE: Burford Capital