Medical transportation firm Modivcare Inc. filed for bankruptcy in an effort to shed $1.1 billion of debt, after federal health-care funding cuts threatened to crimp future cash flows. The company filed for Chapter 11 in the US Bankruptcy Court for the Southern District of Texas, according to a statement. Bloomberg previously reported that Modivcare was weighing a Chapter 11 filing.
Read the full article: Medical Transportation Firm Modivcare Files for Bankruptcy //
Source: https://www.bloomberg.com/news/articles/2025-08-21/medical-transportation-firm-modivcare-files-for-bankruptcy