Envision Healthcare bankruptcy restructuring approved by court

October 11, 2023


Envision Healthcare plans to emerge from Chapter 11 bankruptcy this month, the physician staffing company announced Wednesday.

The U.S. Bankruptcy Court for the Southern District of Texas approved a reorganization plan for Envision Healthcare that will eliminate 70% of its funded debt. The for-profit company expects to finalize the transaction within weeks, according to a news release.

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Under the agreement with its creditors, Envision Physician Services will operate separately from ambulatory surgery unit Amsurg. The two operations will have separate owners and leadership teams.

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