Sun Capital-Backed Medical Centers Enter Chapter 11 Amid Sale Pursuit

In a significant turn of events, a group of medical centers backed by Sun Capital Partners have filed for Chapter 11 bankruptcy protection. This strategic move is part of a broader plan to sell the distressed assets in hopes of revitalizing operations under new ownership. The centers, facing financial difficulties exacerbated by declining patient volumes and rising operational costs, aim to attract buyers through this reorganization process.

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