Healthcare DIVE February 5, 2024
Emily Olsen

The primary care chain said it wouldn’t appeal the New York Stock Exchange’s decision to remove it from trading.

UPDATE: Feb. 6, 2024: The New York Stock Exchange announced late Monday that it would begin proceedings to delist Cano Health a day after the primary care chain said it filed for bankruptcy. Cano’s stock was suspended from trading immediately. In a press release, the company said it wouldn’t appeal the exchange’s decision.

Dive Brief:

  • Cano Health filed for Chapter 11 bankruptcy late Sunday, as the beleaguered primary care chain works to bolster its financials.
  • The filing is part of a restructuring support agreement with the majority of its lenders. Cano said it expects to emerge from restructuring during...

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Topics: Primary care, Provider
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