ModivCare Initiates Chapter 11 Restructuring Process

Written by Emily J. Thompson, Senior Investment Analyst

MODV%

Updated: Aug 21 2025

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Company Action: Modivcare has announced decisive actions to strengthen its financial foundation while maintaining care access and improving outcomes for clients nationwide.
Bankruptcy Filing: The company has filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas to facilitate a comprehensive restructuring transaction.
Stakeholder Support: This restructuring plan is backed by a supermajority of Modivcare's key stakeholders, indicating strong support for the company's future direction.
Future Goals: Through this process, Modivcare aims to create a sustainable organization that can effectively meet the needs of members in non-emergency medical transportation, personal care services, and remote patient monitoring.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

ModivCare Initiates Chapter 11 Restructuring Process

About the author

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