EP 139: Breaking Down the Envision Bankruptcy

When the largest staffing company in America files for bankruptcy, as an ER doc, that should set off some alarm bells.

In this episode, we’ll talk about the events leading up to this point, how an employee versus a contractor of Envision differs in terms of bankruptcy proceedings, share some advice on safeguarding your income stream, and speculate on what could come next as only time will tell what the effects of this will be.

Topics Discussed:     
  • Where all of this seems to have started.
  • The legislation that was involved in their failure.
  • The timeline of events that brought us to where we are today.
  • The outcome and fallout of Envision going down.
  • How bankruptcy affects W-2 employees and how to protect yourself.
  • Long term effects of this situation and how it may discourage private equity from joining the EM space.
  • More options on what you can do to avoid the issues that come with this situation.

Resources Mentioned:

Tags

ER doctor, emergency medicine, emergency doctor, ER, financial planning, Envision, Physician staffing, ER staffing