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Medical Staffing Co.'s Parent Hits Ch. 11 Owing Nearly $100M

By Emily Lever ( August 17, 2023, 6:25 PM EDT) -- Novation Holdings Inc., whose main assets include a health care staffing company, filed for Chapter 11 protection in Delaware with a prepackaged plan and $97.8 million in debt after it was hit hard by the COVID-19 pandemic and lost several local government contracts....

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