Virginia home healthcare company files for bankruptcy

Cardiac Connection Home Health Care Nursing Services, a home healthcare company in Richmond, Va., filed for Chapter 11 bankruptcy Monday, according to the Richmond Times-Dispatch.

The company, which provides home care to patients with serious cardiac issues, plans to continue business as usual while it restructures its debt. 

In documents filed in the bankruptcy case, the company listed its assets as between $100,001 and $500,000 and its liabilities as between $500,001 and $1 million, according to the report.

More articles on healthcare finance:

CMS releases preliminary CJR program results: 7 things to know
Tenet to close 232-bed Phoenix hospital
Where to invest $10k right now? Chinese hospitals, says one fund manager

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Content

Featured Webinars

Featured Whitepapers