In one of the largest health-related bankruptcies ever seen, US medical group Envision Healthcare Corp. and certain of its wholly owned subsidiaries have filed for Chapter 11 bankruptcy protection.
As part of the process, Envision has entered into a restructuring support agreement (RSA) with its key stakeholders to restructure 60 percent of its approximately $7.7bn debt obligations.
Envision has stated that throughout the Chapter 11 and RSA processes it will continue to operate as usual, maintaining its commitment to providing high-quality patient care.
One of the leading medical groups in the US, Envision delivers physician and advanced practice provider care in settings where patients have the most acute and life-changing needs emerge…
Read the full article at: https://www.financierworldwide.com/envision-health-files-for-chapter-11