Wellpath (the “Company”), the nation’s leading provider of compassionate healthcare to vulnerable patients in correctional facilities, announces that it successfully emerged from chapter 11 and completed its financial restructuring process. As part of this emergence, Wellpath transitioned ownership to a group of its current and former lenders (the “Ad Hoc Lender Group”), establishing a strong financial foundation for the Company. This ensures continued delivery of dependable health care services to patients in correctional facilities and demonstrates the Ad Hoc Lender Group’s commitment to the ongoing success of the Company.
Read the full article: Wellpath Emerges from Chapter 11 to Lead a New Era in Correctional Healthcare //
Source: https://www.businesswire.com/news/home/20250512320637/en/Wellpath-Emerges-from-Chapter-11-to-Lead-a-New-Era-in-Correctional-Healthcare