Modivcare files for Chapter 11 bankruptcy with $100 million financing
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Modivcare Enters into Comprehensive Restructuring Agreement to Strengthen its Future, Reduce Debt and Inject Capital
August 20, 2025 8:18 PM EDTSupermajority support of secured lenders outlined in Restructuring Support Agreement and via commitment for $100 million in a new investment to support operations and the future growth of the Company
Operations and service lines continue uninterrupted, with no expected impact for clients, members, employees or transportation providers
DENVER--(BUSINESS WIRE)-- Modivcare Inc. (the Company or Modivcare) (Nasdaq: MODV), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving health outcomes, today announced that it has taken necessary and decisive action... More
