Clinical Care Medical Centers, a company with over two dozen medical facilities in Florida, has filed for bankruptcy with reported liabilities of up to $500 million.
A private equity firm based in South Florida backs the company. In a significant development, insurance giant Humana has agreed to acquire some of the medical centers for $45 million. This transaction represents a notable change in the healthcare landscape in the region as Clinical Care Medical Centers deals with its financial challenges while trying to continue its operations.