A Florida Healthcare Group and 27 Affiliates Have Filed for Chapter 11 Bankruptcy

Access Health Care Physicians, LLC, a healthcare provider based in Spring Hill, FL, files for Chapter 11 protection.

Written By Twinkle Jha
Representative Image, Access Health Care Physicians, LLC enters bankruptcy (Image credit: Photo By Tima Miroshnichenko from Pexels)

Access Health Care Physicians, LLC, and 27 affiliated entities filed separate Chapter 11 petitions on October 11. Court records do not specify why the company filed for bankruptcy. The company operates as a medical group that provides outpatient healthcare services.

Note: A Chapter 11 bankruptcy filing is a legal process that allows a business to reorganize its debts, restructure obligations, and continue operating while working toward financial stability. Under Chapter 11, a debtor typically proposes a plan to repay creditors over time, subject to court approval. A Chapter 11 filing does not necessarily mean a business is closing or going out of business. For additional information, readers are encouraged to contact the business directly.

Access Health Care Physicians, LLC Files for Bankruptcy

Court records on PACER shows the petition was signed by company CEO Pariksith Singh. Twenty-seven affiliated entities of the Spring Hill, Florida-based healthcare company also filed separate petitions.

Harley E. Riedel of Stichter, Riedel, Blain & Postler, P.A., represents the company in the bankruptcy case.

A summary of the Chapter 11 petition is shared here:

According to Pacermonitor, these are the affiliates that separately filed for Chapter 11 in the U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division.

About the Company

Access Health Care Physicians, LLC, is a healthcare provider that connects patients with doctors and medical specialists. The company’s offerings include blood draws, echocardiograms, electrocardiograms (EKGs), and carotid Doppler tests. It also provides pulmonary function tests, vascular studies, and physical therapy and rehabilitation.

Its website also provides a directory to help patients find doctors and information about its services and clinic locations. The company also has the Access Research Institute, which connects healthcare professionals and physician networks with clinical research.

Other healthcare providers have also filed for bankruptcy this year.

A Pottstown, Pennsylvania-based multi-specialty physician group sought Chapter 11 protection on August 30. The petition showed that Pottstown Medical Specialists, Inc. listed more than 100 creditors. The company has been providing its services across Montgomery and Berks counties.

Carbon Health Technologies Inc. and its 28 affiliated entities initiated Chapter 11 filings on February 2. Case records showed that the company has begun a pre-arranged bankruptcy to reorganize its balance sheet and consider a sale process. The company has been providing primary healthcare and urgent care services for over a decade.

On January 27, a healthcare firm from Bolingbrook, Illinois moved toward bankruptcy. Court filings showed that Care One Home Health Services, Inc. faced a gap between its assets and liabilities. The company has been providing in-home medical care services for around 21 years.

The Chapter 11 case is pending in the U.S. Bankruptcy Court for the Middle District of Florida, Tampa Division. Further developments will depend on the proceedings.

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Twinkle Jha is a content writer passionate about crafting engaging and informative pieces for diverse audiences. She holds a degree in Journalism & Mass Communication that helps her create news-based articles related to restaurants, retail, and real estate in the US. With five years of writing experience, Twinkle has a strong base for her research, allowing her to create compelling content. Her keen eye for detail and creative approach make her writing stand out. When not working, she loves to watch movies.
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