A major senior living operator has entered bankruptcy court, signaling financial turbulence rippling through the elder care sector. Inspired Healthcare filed for Chapter 11 protection in Texas, listing liabilities estimated between $1 billion and $10 billion and outlining plans to sell assets as part of its restructuring strategy.
The Scottsdale, Arizona-based company sought court protection late Monday, citing mounting liquidity pressures alongside regulatory investigations and the threat of potential litigation, according to a company press release.
Billions in Liabilities, A Race for Stability
Court filings show Inspired Healthcare Capital’s debt load falls somewhere in the sweeping range of $1 billion to $10 billion — a financial gulf wide enough to underscore the scale of its distress. The Chapter 11 filing allows the operator to continue running its facilities while attempting to reorganize or sell assets under court supervision.
The company signaled that an asset sale is a central pillar of its restructuring roadmap, positioning the bankruptcy process as a bridge rather than a dead end.
