Core Viewpoint - Modivcare Inc. has successfully confirmed its Plan of Reorganization in the U.S. Bankruptcy Court, paving the way for the company to emerge from Chapter 11 with reduced debt and improved capital structure for future growth [1][2] Company Overview - Modivcare is a technology-enabled healthcare services company that provides integrated supportive care solutions aimed at improving health outcomes for public and private payors and their members [6][7] - The company's services include non-emergency medical transportation (NEMT), personal care services (PCS), and remote patient monitoring solutions (RPM) [7] Restructuring Details - The restructuring aims to create a stronger and more sustainable organization to better meet the needs of its members [2] - Modivcare expects to complete the remaining procedural steps of its Chapter 11 process before the end of the year, ensuring that all service lines will continue to operate without interruption [2] Future Outlook - The company is focused on operational excellence and maintaining its commitment to providing quality service to clients and their members in the future [2]
Modivcare Announces Confirmation of Restructuring Plan
Businesswire·2025-12-12 19:55