The Chapter 11 trustee appointed in the Universal Health Care Group bankruptcy is seeking court approval of a state consent order that would basically revoke American Managed Care’s authority as a third party administrator.
AMC is a wholly owned subsidiary of Universal Health, which filed for Chapter 11 reorganization on Feb. 6.
The trustee, AMC and the Florida Office of Insurance Regulation negotiated a proposed consent order. Trustee Soneet R. Kapila, who filed a Chapter 11 petition for AMC…
The Chapter 11 trustee appointed in the Universal Health Care Group bankruptcy is seeking court approval of a state consent order that would basically revoke American Managed Care’s authority as a third party administrator.
AMC is a wholly owned subsidiary of Universal Health, which filed for Chapter 11 reorganization on Feb. 6.
The trustee, AMC and the Florida Office of Insurance Regulation negotiated a proposed consent order. Trustee Soneet R. Kapila, who filed a Chapter 11 petition for AMC…