Akumin is a nationwide provider of outpatient radiology and oncology services to approximately 1,000 hospitals and health systems across 47 states. On October 20, 2023, Akumin announced the commencement of a restructuring process to delist themselves from the NASDAQ Stock Exchange and filed for Chapter 11 bankruptcy two days later. Within less than six months, on February 8, 2024, the company officially concluded the reorganization process, emerging as a private company under one of its major lenders, Stonepeak Capital.
Read the full article: From Chapter 11 to Growth: Akumin’s Turnaround from Bankruptcy //
Source: https://vmghealth.com/insights/blog/from-chapter-11-to-growth-akumins-turnaround-from-bankruptcy/