Behind Prison Health Co. Wellpath's Ch. 11

By Emily Lever · December 4, 2024, 9:11 PM EST

Wellpath Holdings Inc., one of the largest companies that provide healthcare services to incarcerated individuals in the U.S., recently hit Chapter 11 in Texas with more than $1 billion in debt,...

To view the full article, register now.

Bankruptcy Scorecard

Summary

Nashville, Tennessee-based Wellpath filed for Chapter 11 with a lender agreement to shed some $500 million of its more than $600 million of funded debt in bankruptcy.

Case Number

4:24-bk-90533

Judge

Alfredo R. Perez

Venue

U.S. Bankruptcy Court for the Southern District of Texas

Capital Structure

Total Liabilities:

$1 billion to $10 billion

View Full Scorecard

Case Information

Case Title

Wellpath Holdings, Inc.

Case Number

4:24-bk-90533

Court

Texas Southern

Nature of Suit

Date Filed

November 11, 2024