BRIEF-Thrasys, Inc., A Subsidiary Of Debtor Uphealth Holdings, Inc., Files Voluntary Reorganization Under Chapter 11 Of The U.S. Bankruptcy Code

Reuters2023-10-20

Oct 20 (Reuters) - Uphealth Inc :

* THRASYS, INC., A SUBSIDIARY OF DEBTOR UPHEALTH HOLDINGS, INC., FILES VOLUNTARY REORGANIZATION UNDER CHAPTER 11 OF THE U.S. BANKRUPTCY CODE

* UPHEALTH INC - THRASYS' VOLUNTARY REORGANIZATION WILL BE CONSOLIDATED WITH SEPTEMBER 19, 2023 CHAPTER 11 FILING OF UPHEALTH HOLDINGS

* UPHEALTH - BEHAVIORAL HEALTH SERVICES, LLC, AS WELL AS SUBSIDIARIES OF BEHAVIORAL HEALTH SERVICES FILED FOR CHAPTER 11 PROTECTION

* UPHEALTH - CO AND ITS DIRECT AND INDIRECT SUBSIDIARIES, CLOUDBREAK HEALTH, LLC AND TTC HEALTHCARE, INC., ARE OPERATING IN NORMAL COURSE OF BUSINESS

* UPHEALTH INC: CO AND ITS DIRECT AND INDIRECT UNITS, CLOUDBREAK HEALTH, LLC AND TTC HEALTHCARE, INC., HAVE NOT FILED FOR CHAPTER 11 PROTECTION

* UPHEALTH: EXPECTS TO GET BANKRUPTCY COURT APPROVAL FOR REQUESTS, INTENDS TO PAY VENDORS IN FULL FOR ALL GOODS RECEIVED & SERVICES AFTER FILING DATE

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