Envision filed for bankruptcy in May, and has since split from its ambulatory surgery center business, AmSurg. Envision also executed a reorganization plan, supported by creditors and the bankruptcy court in October. The move cut Envision’s debt by more than 70%.
“Now that our financial restructuring has been completed successfully, we are driving Envision’s future growth from a position of stability and strength,” said Jim Rechtin, CEO of Envision, in the release. “We have significantly less debt as well as a strong operating model that will fuel the success of our patients and partners, achieve our strategic objectives, and accelerate growth.”
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