A South Florida-based health care network has filed for Chapter 11 bankruptcy protection to reorganize its debts. As part of the process, it has agreed to sell nearly all of its assets to a company owned by Humana. The company that filed for Chapter 11, Clinical Care Medical Centers, is headquartered in Miami and operates 26 medical centers in eight Florida counties: Broward, Palm Beach, Miami-Dade, Orange, Pasco, Hillsborough, Pinellas and Polk. The company employs more than 800 mostly bilingual employees and independent contractors who serve 35,000 patients, most of who qualify for Medicare or Medicaid, are non-English speaking and live in economically disadvantaged and minority communities, according to the company’s Sunday filing in U.S. Bankruptcy Court in Miami.
Read the full article: South Florida-Based Health Care Network Files for Chapter 11, Announces Sale to Humana //
Source: https://www.msn.com/en-us/news/other/south-florida-based-health-care-network-files-for-chapter-11-announces-sale-to-humana/ar-AA1sgipV