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Villages Health Company, Under Fire for Medicare Overpayments, Files for Chapter 11 Bankruptcy

MARION COUNTY, FLORIDA, JUL 4 – The Villages Health is restructuring due to Medicare overpayment liabilities estimated at $361 million and will be acquired by CenterWell to maintain patient care continuity.

  • On July 3, 2025, The Villages Health initiated a voluntary Chapter 11 bankruptcy proceeding in Orlando, Florida, aiming to restructure its operations and facilitate the sale of its assets.
  • The filing followed the discovery of Medicare billing overpayments totaling hundreds of millions, which TVH self-reported and began resolving in fall 2024.
  • CenterWell Senior Primary Care, a Humana healthcare affiliate, has agreed to acquire TVH's assets—including eight primary care centers—by serving as the initial bidder in a court-supervised sale process.
  • TVH owes the U.S. government approximately $361 million while holding assets estimated between $50 and $100 million, and CEO Bob Trinh assured no interruption to patient care.
  • The bankruptcy process aims to preserve operations and patient care continuity, with sale approval by a bankruptcy judge and ongoing resolution efforts with the government continuing.
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The Villages Health ("TVH") Announces Strategic Restructuring and Agreement to be Acquired by CenterWell

ORLANDO, Fla., July 3, 2025 /PRNewswire/ -- The Villages Health ("TVH"), the trusted healthcare system for The Villages retirement community in Florida, today announced that it is proceeding with a strategic restructuring to preserve the business's day-to-day operations and further…

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PR Newswire broke the news in United States on Friday, July 4, 2025.
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