Modivcare inc chapter 11. Modivcare has filed for voluntary Chapter 11 protecti...
Modivcare inc chapter 11. Modivcare has filed for voluntary Chapter 11 protection in the U. (the "Company" or "Modivcare") (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, announced that, on August 21, 2025, the Company was notified by the Listing Aug 25, 2025 · Staff Report AUGUSTA – Last week, ModivCare Inc. Bankruptcy Court for MSN Aug 21, 2025 · ModivCare Inc MODV: MODIVCARE ENTERS INTO COMPREHENSIVE RESTRUCTURING AGREEMENT TO STRENGTHEN ITS FUTURE, REDUCE DEBT AND INJECT CAPITAL MODIVCARE INC - MODIVCARE HAS FILED FOR VOLUNTARY CHAPTER 11 PROTECTION IN U. As a company, Denver-based Modivcare offers technology-enabled health care services and provides non-emergency medical transportation (NEMT). Aug 20, 2025 · Modivcare has filed for voluntary Chapter 11 protection in the U. Dec 5, 2025 · Medical-transport provider Modivcare faces challenges from its unsecured creditors committee on its way to a potential exit from bankruptcy that would reduce its debt by $1. On Friday, we will start by understanding ModivCare’s business and end markets, then explain the Mar 15, 2026 · Company Behind Hilton, Best Western in Downtown Chicago Files for Chapter 11 Bankruptcy Popular 31-Year-Old Jewelry Brand Plunges Into Bankruptcy and Blames Lab Diamond Craze Veteran Fruit Producer Hronis Files for Chapter 11 Hathorne Race Course, Inc. An order for relief has been entered. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, announced that, on August 21, 2025, the Company was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that Nasdaq had determined (RTTNews) - Modivcare Inc. (MODV), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving health outcomes, announced Aug 21, 2025 · Modivcare Inc. “Modivcare sits at Modivcare has filed for voluntary Chapter 11 protection in the U. Modivcare's services are expected to continue operating normally during this process. filed for Chapter 11 protection in a Texas bankruptcy court late Wednesday, setting the stage for a sweeping recapitalization effort aimed at slicing a staggering $1. Stock trading suspended Aug 28, moving to OTC Pink Market. Aug 21, 2025 · Modivcare files for Chapter 11 bankruptcy protection to restructure debt and reduce annual cash interest. ” Modivcare has been through a challenging few years, CEO Heath Aug 22, 2025 · ModivCare's common stock faces delisting from Nasdaq and will be suspended from trading on August 28, 2025, following the company's Chapter 11 bankruptcy filing and its failure to submit a timely Q2 2025 10-Q report. surged 32. AND ITS DEBTOR AFFILIATES Modivcare Inc. ModivCare Inc. , a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, announced that, on August 21 Aug 20, 2025 · ModivCare Inc. Aug 21, 2025 · A Denver-based medical transportation company has filed for Chapter 11 bankruptcy protection in the Southern District of Texas stating the court restructuring is “intended to strengthen its financial foundation while continuing to provide access to care, reduce costs, and improve outcomes for clients and members nationwide. The Denver-based company, which provides supportive care solutions focused on improving health outcomes, filed for bankruptcy on Aug 22, 2025 · Read Press Release for Modivcare (MODV) published on Aug. The situation was exacerbated as ModivCare missed the deadline for its quarterly report, thereby breaching Nasdaq's stringent listing requirements. The company’s Modivcare Home division includes its personal care, remote patient monitoring and nutritional meal delivery services. 20, seeking to reduce their $1. This strategic move, supported by $100 million in new debtor-in-possession financing, is designed to recapitalize the company, ensure uninterrupted operations, and transition ownership to new investors. win approval of the medical transportation company’s Chapter 11 plan, which included a $1. Chapter 11 Case No. Nov 21, 2025 · Before Navidea, giant health care services provider ModivCare Inc. While ModivCare expects services to continue normally during the restructuring, it cautions that trading its securities during bankruptcy is highly speculative. Bankruptcy Court for the Southern District of Texas to implement a comprehensive restructuring Aug 21, 2025 · Modivcare Inc. This comes in the wake of the company's Chapter 11 bankruptcy filing on August 20, 2025. 1 BILLION MODIVCARE INC - UPON CLOSING OF DIP LOAN, MODIVCARE WILL HAVE Dec 12, 2025 · Modivcare has won court approval of its Chapter 11 reorganization plan, positioning the company to exit bankruptcy in the coming weeks. Aug 22, 2025 · Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, announced that, on August 21, 2025, the Company was notified by the Listing Qualifications Department of The Nasdaq Stock Technology-enabled healthcare services company Modivcare Inc. This is a voluntary filing; it was assigned the bankruptcy case number # 25-90309. (MODV, Financial), a healthcare services company focused on improving health outcomes, has initiated a comprehensive restructuring process by filing for voluntary Chapter 11 protection in the U. and 70 affiliates filed for a prearranged Chapter 11 bankruptcy on Aug. Aug 23, 2025 · Modivcare Inc. announced it has filed for voluntary Chapter 11 protection to implement a comprehensive restructuring plan with the support of a supermajority of its key Aug 21, 2025 · Modivcare Inc. Modivcare also said its service lines will continue operating in the ordinary course, with no expected interruption or change in access to care. ’s Chapter 11 reorganization strategy, a pivotal development for the struggling healthcare services provider. 4 billion in debt and hand Aug 22, 2025 · Modivcare Inc. Bankruptcy Court for the Southern District of Texas to implement a comprehensive restructuring transaction with the support of a Aug 20, 2025 · MODIVCARE INC. Important: On December 15, 2025, the Court entered the Order (I) Confirming Second Amended Joint Chapter 11 Plan of Reorganization of ModivCare Inc. Aug 23, 2025 · For investors, ModivCare's Chapter 11 filing raises a pivotal question: Is this a buying opportunity, or a cautionary tale? The answer lies in the execution of the restructuring. 6 million. Bankruptcy Court for the Southern District of Texas to implement a comprehensive Aug 22, 2025 · Modivcare initiates voluntary Chapter 11 proceedings with stakeholder support for comprehensive restructuring. Through this process, Modivcare intends to build a stronger, sustainable organization. BANKRUPTCY COURT FOR SOUTHERN DISTRICT OF TEXAS MODIVCARE INC - RESTRUCTURING TO REDUCE DEBT BY $1. This notice has important information about the cases for creditors, debtors, and trustees, including information the meeting of creditors and deadlines. 74 following its Chapter 11 bankruptcy filing and $100 million funding from secured lenders. [2] Mar 4, 2026 · Modivcare Inc. Modivcare Inc. Aug 21, 2025 · Investing. Plans Q4 2025 exit with operations continuing uninterrupted. ModivCare: A Drive to Bankruptcy Court After years of acquisition-driven growth and optimism, ModivCare was ultimately pushed down by industry headwinds, unfavorable contract structures, and Aug 21, 2025 · (RTTNews) - Modivcare Inc. , et al. Aug 21, 2025 · ModivCare has filed for Chapter 11 bankruptcy with broad support from its First and Second Lien Lenders, aiming to reduce its total funded debt by approximately $1. (the "Company" or "Modivcare") (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, announced that, on August 21, 2025, the Company was notified by the Listing Qualifications Department of The Modivcare filed for Chapter 11 protection in August with the goal of cutting $1. Late on Wednesday, Modivcare announced it had filed for Chapter 11 bankruptcy protection to restructure its finances. is huddling with lenders about how to potentially restructure its debt load as a loan maturity approaches and as federal health-care funding cuts weigh on its long-term outlook, according to people with knowledge of the matter. (Nasdaq: MODV) revealed that it has filed for Chapter 11 bankruptcy. On December 29, 2025, Modivcare Inc. The RSA contemplates $100 million of debtor‑in‑possession (DIP) financing, up to $300 million of takeback term loans at emergence, conversion of Aug 21, 2025 · Technology-enabled healthcare services giant Modivcare Inc. files for Chapter 11 bankruptcy protection in the Southern district of Texas, according to a court filing. 1 billion debt for Restructuring__ (@Restructuring__). Aug 21, 2025 · Healthcare services firm Modivcare announces comprehensive restructuring to cut 85% of debt, backed by $100M new investment. The confirmation follows a week-long contested valuation trial against the official committee of unsecured creditors, in which the company successfully defended its valuation, releases, and Aug 22, 2025 · Modivcare Receives Nasdaq Delisting Notice Following Chapter 11 Filing Published on 08/22/2025 at 05:03 pm EDT Business Wire ModivCare Inc. Bankruptcy Court for the Southern District of Texas to implement a comprehensive restructuring transaction with the support of a Aug 21, 2025 · Modivcare has filed for voluntary Chapter 11 protection in the U. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): August 14, 2025 ModivCare Inc. Dollar figures and the lender entities were redacted. 0 million, and in the first quarter of 2025, revenues declined nearly 5% year-over-year, with adjusted EBITDA of $32. Dec 19, 2025 · A Latham & Watkins team led by Jamie Wine and Betsy Marks helped ModivCare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, announced that, on August 21, 2025, the Company was notified by the Listing Qualifications Department Aug 22, 2025 · ModivCare Inc. Aug 21, 2025 · Modivcare has filed for voluntary Chapter 11 protection in the U. “ Claim ” has the meaning set forth in section 101 (5) of the Bankruptcy Code. Distributed via EDGAR on December 11, 2025 at 21:05 UTC. The company has secured a Restructuring Support Agreement from over 90% of its First Lien Lenders and over 70% of its Second Lien Nov 5, 2025 · ModivCare on Tuesday asked the US Bankruptcy Court for the Southern District of Texas to let it reimburse two lenders for fees and expenses associated with a loan of up to $250 million that is central to a pending Chapter 11 plan. com -- Shares of healthcare service provider Modivcare (NASDAQ: MODV) fell 40% in premarket trading on Thursday after the company filed for bankruptcy protection. Aug 22, 2025 · DENVER, August 22, 2025--Modivcare Inc. (NASDAQ: MODV) filed for voluntary Chapter 11 bankruptcy protection in the U. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, announced that, on August 21, Shares of Modivcare Inc. Bankruptcy Court for the Southern District of Texas. filed a 11 chapter bankruptcy in the Southern District of Texas bankruptcy court on August 20, 2025. 1 billion. Read all pages Aug 21, 2025 · Modivcare, a technology-enabled healthcare services company, has filed for voluntary Chapter 11 protection in the U. 14% after hours to $0. (NASDAQ: MODV) announced it received notification from Nasdaq on August 21 that the exchange will delist the company's common stock following its Chapter 11 bankruptcy filing on Oct 20, 2025 · In August, Modivcare announced that it had filed for Chapter 11 bankruptcy and was subsequently delisted from the Nasdaq. Judge Alfredo R. 1 billion of debt from its balance sheet through a recapitalization deal that swaps debt for equity in a reorganized Aug 22, 2025 · Modivcare Inc. Aug 18, 2025 · UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. , a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, announced that, on August 21 Technology-enabled healthcare services company Modivcare Inc. The announcement came Notice of Chapter 11 Bankruptcy Case 10/20 For the debtors listed below, cases have been filed under chapter 11 of the Bankruptcy Code. and certain of its affiliates on the contested confirmation of their chapter 11 plan of reorganization by the US Bankruptcy Court for the Southern District of Texas. In August 2025, Modivcare began a financial restructuring process with a Chapter 11 bankruptcy filing. (the "Company" or "Modivcare") (NASDAQ: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, announced that, on August 21, 2025, the Company was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") that Nasdaq had determined to commence Aug 21, 2025 · ModivCare said late Wednesday it filed for voluntary Chapter 11 protection in a Texas court to implement a restructuring transaction. (MODV), a technology-driven healthcare services firm, received a delisting notice from Nasdaq dated August 21, 2025. announced it had completed its financial restructuring and emerged from Chapter 11 protection, converting to a privately held company owned by a group of Dec 29, 2025 · Modivcare emerges from Chapter 11 protection as a privately-owned company, under the ownership of a group of seasoned investors who are committed to its success. 1 billion in debt. and 70 affiliates filed for a prearranged Chapter 11 bankruptcy, seeking to reduce its $1. is an American social services corporation based in Denver, Colorado, primarily providing non-emergency medical transportation for Medicaid recipients nationwide. 20 in the U. (Exact name of registrant as specified in its charter) Aug 22, 2025 · ModivCare Inc. bankruptcy court has formally approved ModivCare Inc. , Retains Omni Agent Solutions as Claims and Noticing Agent ModivCare Inc. AND ITS DEBTOR AFFILIATES; AND (II) DISCLOSURE STATEMENT FOR FIRST AMENDED JOINT CHAPTER 11 PLAN OF REORGANIZATION OF MODIVCARE INC. ("Modivcare" or the "Company") is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for public and private payors and their members. was pushed towards bankruptcy by issues like state budget cuts, competition from smaller companies and the large amount of debt it hauled Aug 20, 2025 · Modivcare (MODV) “announced that it has taken necessary and decisive action intended to strengthen its financial foundation while continuing to provide access to care, reduce costs, and improve outcomes for clients and members nationwide. Aug 22, 2025 · Finally, giant healthcare services provider ModivCare Inc. Bankruptcy Court for the Southern District of Texas to implement a comprehensive restructuring transaction with the support of a Sep 24, 2025 · Modivcare filed for voluntary Chapter 11 protection on Aug. S. 's proposed bankruptcy exit plan drew objections from insurers, the Justice Department’s bankruptcy-monitoring unit, and a committee of unsecured creditors that said the terms are insufficient to move forward. 4B debt by 85%; nation's largest NEMT provider recapitalized. 3 million in 2024 and negative free cash flow of $34. C. On August 20, 2025, Modivcare Inc. ModivCare: A Drive to Bankruptcy Court After years of acquisition-driven growth and optimism, ModivCare was ultimately pushed down by industry headwinds, unfavorable contract structures, and operational issues, culminating in a Chapter 11 filing in August 2025. (MODV) commenced voluntary Chapter 11 cases on August 20, 2025, and entered a Restructuring Support Agreement with consenting first‑lien lenders and second‑lien noteholders to implement a court‑supervised recapitalization. 25-90309 (ARP) (Jointly Administered) NOTICE OF FILING OF (I) FIRST AMENDED JOINT CHAPTER 11 PLAN OF REORGANIZATION OF MODIVCARE INC. Aug 25, 2025 · Investing. This move aims to strengthen its financial foundation and ensure continued service delivery across its various platforms, including Document Name: Supplemental Certificate of Service of Heather Fellows re: Notice of (I) Confirmation Hearing on Joint Chapter 11 Plan and Related Matters, (II) Objection Deadline, and (III) Summary of the First Amended Joint Chapter 11 Plan of Reorganization of ModivCare Inc. “We have always believed in Mar 6, 2026 · ModivCare emerged from chapter 11 in 117 days after reducing $1. (NASDAQ:MODV) tumbled 40% in premarket trading Thursday after the healthcare services firm revealed it had entered Chapter 11 bankruptcy proceedings. Dec 18, 2025 · A U. More than 90% of first lien lenders and over 70% of second Aug 21, 2025 · Modivcare, a provider of nonemergency medical transportation, disclosed late Wednesday that it has filed for Chapter 11 bankruptcy. Modivcare's value-based solutions address the social determinants of health (SDoH) by connecting members to essential care services. has filed for Chapter 11 bankruptcy protection to restructure its debt and reduce its funded debt obligations by approximately $1. Aug 22, 2025 · Modivcare Receives Nasdaq Delisting Notice Following Chapter 11 Filing Modivcare Inc. The company’s CEO expects to exit bankruptcy by the end of 2025, saying Modivcare will emerge “even stronger. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, announced that, on August 21, 2025, the Company was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that Nasdaq had determined Aug 25, 2025 · Modivcare Receives Nasdaq Delisting Notice Following Chapter 11 Filing Published on 08/25/2025 at 08:18 am EDT Acquiremedia ModivCare Inc. com -- ModivCare Inc (NASDAQ:MODV) stock plunged 45% premarket Monday after the technology-enabled healthcare services company announced it had filed for Chapter 11 bankruptcy protection Sep 30, 2025 · ModivCare reported a net loss of $201. This came after the company voluntarily commenced Chapter 11 bankruptcy proceedings on August 20, 2025. (MODV), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving health outcomes, announced that it has filed for voluntary Chapter 11 protection in the U. 4 billion in debt and hand its assets to its Dec 16, 2025 · Tech-enabled personal care firm Modivcare now expects to emerge from Chapter 11 bankruptcy in coming weeks after a federal bankruptcy judge on confirmed Modivcare’s Plan of Reorganization. and its Debtor Affiliates and (II) Denying Motions of Official Committee of Unsecured Creditors for Leave, Derivative Standing, and Authority to Commence and Prosecute Certain Causes of Action on Counsel for medical transportation company Modivcare urged a Texas bankruptcy judge Monday to confirm its Chapter 11 plan and disregard the objections of the unsecured creditors committee, calling Aug 21, 2025 · Investing. (the 'Company' or 'Modivcare') (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving Aug 22, 2025 · Modivcare Receives Nasdaq Delisting Notice Following Chapter 11 Filing Modivcare Inc. , a Denver, CO-based provider of supportive care solutions, filed for Chapter 11 protection on Aug. 1 billion of debt, after federal health-care funding cuts threatened to crimp future cash flows. 29% Aug 22, 2025 · Modivcare Inc. The announcement came On August 20, 2025, Modivcare Inc. 4 days ago · Today, we consider the reorganized ModivCare debtors’ objections to UCC advisors’ fees, a curious chapter 15 finding in Xinyuan Realty, decisions on opt-out releases and venue in United Site Solutions and Multi-Color, and the collapse of the Tehum Care two-step plan. 1 billion of debt. and its Debtor Affiliates (Filed by Kurtzman Carson Consultants, LLC Dec 12, 2025 · Latham & Watkins advised Modivcare Inc. ("Modivcare" or the "Company") is a technology-enabled healthcare services company that provides a suite of integrated supportive care solutions for public and private payors and Aug 21, 2025 · Modivcare Inc. (MODV) has been thrust into the spotlight following the announcement that Nasdaq plans to delist its stock. 1 billion through the Nov 26, 2025 · ModivCare Inc. published this content on December 11, 2025, and is solely responsible for the information contained herein. The company is expected to reduce its total funded debt by approximately $1. “ Company Entities ’ Advisors ” means Company Entities’ Counsel, Moelis & Company LLC, and FTI Consulting, Inc. announced it has filed for voluntary Chapter 11 protection to implement a comprehensive restructuring plan with the support of a supermajority of its key stakeholders. filed for Chapter 11 protection in Texas bankruptcy court with plans to recapitalize its balance sheet and cut $1. com -- ModivCare Inc (NASDAQ:MODV) stock plunged 45% premarket Monday after the technology-enabled healthcare services company announced it had filed for Chapter 11 bankruptcy protection and received notice that its shares would be delisted from Nasdaq. Jul 31, 2025 · Medical transportation firm ModivCare Inc. Aug 21, 2025 · ModivCare Inc. Modivcare (NASDAQ:MODV) on Friday said it was notified by Nasdaq that it had determined to commence proceedings to delist the company’s common stock as a result of the company’s commencement Aug 22, 2025 · Modivcare Inc. Aug 21, 2025 · Reported Earlier, Modivcare Files Voluntary Chapter 11 To Implement Restructuring Support Agreement Backed By More Than 90% Of First Lien Lenders And 70% Of Second Lien Lender Benzinga News 21/08 00:03 Like ModivCare Inc Ordinary Shares +114. General Information: On August 20, 2025, each of the 71 Debtors filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code (the “Bankruptcy Code”). As a result, MODV shares took a Aug 21, 2025 · “ Chapter 11 Cases ” has the meaning set forth in the recitals to this Agreement. ” Citing more than 25,000 creditors and $1 billion to $10 billion Modivcare (NASDAQ:MODV) on Friday said it was notified by Nasdaq that it had determined to commence proceedings to delist the company’s common stock as a result of the company’s commencement Aug 22, 2025 · Modivcare Inc. Nonemergency medical transportation company ModivCare Inc. ModivCare ( (MODV) ) has issued an update. Bankruptcy Court for the Southern District of Texas to implement a comprehensive restructuring transaction with the support of a supermajority of its key stakeholders. 22, 2025 - Modivcare Receives Nasdaq Delisting Notice Following Chapter 11 Filing. The purpose of the filing is to implement a comprehensive restructuring, and build a stronger, sustainable organization. , which provides non-emergency medical transportation services under MaineCare – the state’s Medicaid program – to half of Maine’s 16 counties, filed for Chapter 11 bankruptcy protection in the U. (the "Company" or "Modivcare") (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care Shares of Modivcare Inc. The company revealed that the restructuring plan already enjoys broad backing from secured lenders, who agreed to inject $100 million Modivcare filed Aug 22, 2025 · The delisting decision follows Modivcare’s voluntary Chapter 11 filing and a separate Nasdaq notice regarding the company’s failure to timely file its quarterly report for the period ended Aug 22, 2025 · Modivcare Inc. filed for bankruptcy in an effort to shed $1. 20, 2025, in the U. “Chapter 11 is what you file when Aug 21, 2025 · Medical transportation firm Modivcare Inc. Operations to continue normally. filed for Chapter 11 protection in Texas court with plans to recapitalize its balance sheet and cut $1. gdfuy rgwem kcbmvr zsm ppmwyn lpslzi ldce vanyvmr zvxm uxv
