MEMBERS ONLY: Legal Alert on Creditors’ Rights for Medical Practices

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MEMBERS ONLY: Legal Alert on Creditors’ Rights for Medical Practices

MEMBERS ONLY: Legal Alert on Creditors’ Rights for Medical Practices

Tuesday, March 4, 2025

The Michigan State Medical Society’s latest Legal Alert, Creditors’ Rights for Medical Practices Following Chapter 11 Bankruptcy Filing, was prompted by concerns from members who were owed money from Wellpath Holdings, Inc., the former healthcare provider for the Michigan Department of Corrections. Wellpath filed for bankruptcy in November 2024. MSMS Legal Counsel prepared an overview of the Chapter 11 bankruptcy process to assist medical practices seeking to recover outstanding balances owed from an entity that files for Chapter 11 bankruptcy protection.


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Creditors’ Rights for Medical Practices

The Michigan State Medical Society’s latest Legal Alert, Creditors’ Rights for Medical Practices Following Chapter 11 Bankruptcy Filing, was prompted by concerns from members who were owed money from Wellpath Holdings, Inc., the former healthcare provider for the Michigan Department of Corrections. Wellpath filed for bankruptcy in November 2024. MSMS Legal Counsel prepared an overview of the Chapter 11 bankruptcy process to assist medical practices seeking to recover outstanding balances owed from an entity that files for Chapter 11 bankruptcy protection.