😷New Chapter 11 Bankruptcy - Global Wound Care Medical Group PC😷

Back on October 21, 2024, Los Angeles-based Global Wound Care Medical Group PC (the “debtor”) filed a chapter 11 bankruptcy case in the Southern District of Texas (Judge Lopez). The debtor, you may have guessed, is in the business of healing wounds “efficiently and cost-effectively”; it treats over 2k wounds daily with a team of over 200 providers across 20 states, according to the first-day declaration of CFO Ralph Cetrullo.