Industry Pulse: Trouble Brewing for FED Firm Adeptus Health

Adeptus Health and its First Choice brand is the nation’s oldest and largest owner/operator of freestanding emergency departments. Photo courtesy of Adeptus Health

Operator of the First Choice ER brand lost more than half a billion dollars in 2016

In 2015, Adeptus Health Inc. (NYSE: ADPT) was trading at more than $120 per share. As of mid-March, the Lewisville, Texas-based for-profit healthcare firm was available for $2.31 per share. What happened?

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