Allegations of potential fraud at Global Wound Care Group helped drive it toward seeking bankruptcy protection in Texas, with a year-long federal investigation now hanging over its Chapter 11 case....
The Los Angeles-based multistate wound care practice filed for Chapter 11 protection in a Texas bankruptcy court, saying it can't pay nearly $156 million in charges from its management company after its Medicare payments were suspended last month.
Case Number
24-34908
Judge
Christopher M. Lopez
Venue
U.S. Bankruptcy Court for the Southern District of Texas