"It takes a team of great people to solve a problem and I'm very thankful for the wonderful people at LifeCare."
-Arnold from Wisconsin
Planning for the future, caring for patients every day.
On December 11, 2012, our parent company, LCI Holdco, LLC, reached an agreement to be acquired by Hospital Acquisition LLC, an acquisition vehicle owned by LifeCare's senior secured lenders. To implement the proposed transaction, the Company, its wholly-owned direct and indirect subsidiaries and certain affiliates filed Chapter 11 cases in the United States Bankruptcy Court for the District of Delaware.
By making this filing under Chapter 11 of the U.S. Bankruptcy Code, we are able to dramatically improve our company’s debt structure and enhance our ability to pursue strategic growth opportunities.
Most importantly, patient care at our 27 affiliated long term acute care hospitals continues without interruption as we work through the process.
We look forward to completing the process as we plan for the future – but we continue to focus on each patient, every day … body, mind and soul.
If you would like more information:
Read a press release about our filing.
Review answers to Frequently Asked Questions.
Access our forms, filings and additional information.