In a 'spectacular collapse,' Cano Health files for bankruptcy
Fierce Healthcare
FEBRUARY 5, 2024
Cano Health today announced its intentions for file for bankruptcy in an effort to stay afloat after incurring nearly $1 billion in debt. | Cano said that it has secured a $150 million commitment in debtor-in-possession financing from some of its lenders, which is subject to court approval.
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