A health care goliath operating in jails in Oregon and Washington files for bankruptcy
One of the country’s largest correctional health care companies that also operates in Oregon and Washington jails filed for Chapter 11 bankruptcy Monday in the Southern District of Texas, according to court filings. The company said it will continue to operate while reducing nearly $550 million in debt.
Health care provider used by Vermont prisons files for bankruptcy
MONTPELIER, Vt. (WCAX) - The private company that provides health care to Vermont prison inmates is filing for bankruptcy. The Vermont Department of Corrections pays Wellpath about $35 million annually to provide those services.
One of the largest healthcare providers for prisoners files for bankruptcy
Wellpath, a healthcare provider focusing on “vulnerable patients in challenging clinical environments,” has filed for Chapter 11 bankruptcy alongside its 39 subsidiary companies. According to court documents,
Health care provider for Ventura County jails files for bankruptcy protection
Wellpath, the private company that provides health care in Ventura County jails and hundreds of other prisons and jails nationwide, has filed for bankruptcy protection while it reorganizes its finances.
Prison Health-Care Firm Wellpath Prepares Bankruptcy Filing
Wellpath Holdings Inc., one of the largest providers of health-care services to prisons and jails across the US, is preparing to file for bankruptcy after struggling with an elevated debt load and high labor costs,
Milwaukee County Jail's medical provider declares bankruptcy shortly before facing an audit
Wellpath replaced the troubled Miami-based medical services provider, Armor Correctional Health Services Inc., in 2019.
Another major healthcare provider files for Chapter 11 bankruptcy
A leading healthcare provider for prisons and mental health facilities filed for Chapter 11 protection. Despite indications that fewer healthcare providers will file bankruptcy in 2024 than in 2023, healthcare companies are still heading to court to file for Chapter 11 protection.
Bradenton provider of low-income healthcare files for bankruptcy, warns of mass layoffs
MCR Health, a Bradenton-based nonprofit that specializes in healthcare for low-income communities, filed for bankruptcy and said mass layoffs will happen in the coming weeks. The organization, which opened its first site as Manatee County Rural Health Services in 1979,
PE-Backed Prison Health Firm Wellpath Declares Bankruptcy
Wellpath Holdings Inc., one of the largest providers of health-care services to prisons and jails across the US, has filed ...
A healthcare company in Florida has hit a financial wall. What that means for patients
A health company that runs psychiatric hospitals and mental health services for the state of Florida has declared bankruptcy.
Controversial prison health care company Wellpath declares bankruptcy
Wellpath Holdings Inc., the controversial private-equity owned prison health care company that provides medical services to ...
Nashville Post1d
Wellpath files for bankruptcy
Wellpath Holdings, a national provider of health care to prisons and jails, has filed a notice for Chapter 11 bankruptcy ...
Morningstar3d
Wellpath Takes Action to Strengthen Financial Foundation and Position Business for Future, Ensuring Uninterrupted Service Delivery
Wellpath, the nation’s leader in providing compassionate medical healthcare to at-risk patients in correctional and mental health facilities, today announced it has reached a comprehensive ...
The Business Journals3d
H.I.G. Capital-backed health firm files for bankruptcy
Here's what led to the filing and their path forward. Wellpath Holdings filed for Chapter 11 bankruptcy protection. The company received $522 million debtor-in-possession financing. Wellpath aims ...