**ORLANDO, Fla.** – On July 3, 2025, The Villages Health (TVH), a healthcare provider for The Villages retirement community in Florida, announced a major restructuring plan. To manage its operations better and enhance patient care, TVH voluntarily filed for Chapter 11 bankruptcy. This move allows the healthcare system to reorganize while continuing day-to-day operations without interruption.
As part of its strategy, TVH has entered into a “stalking horse” Asset Purchase Agreement with CenterWell Senior Primary Care, the largest provider of senior-focused primary care in the nation. This agreement positions CenterWell, a subsidiary of Humana Inc., to acquire TVH’s assets, including eight primary care and two specialty care centers. A court must approve the sale, following a bidding process that allows other potential buyers to submit offers.
Despite these changes, TVH aims to keep providing quality healthcare during this transition. Patients are expected to retain access to their current providers, regardless of their insurance plans. Dr. Elliot Sussman, TVH’s Chairman, stated that this restructuring and collaboration with CenterWell is necessary to protect the interests of patients and the community.
Dr. Sanjay Shetty of CenterWell expressed excitement about the partnership. He emphasized the importance of personalized care, which aligns with their mission. The transition is not expected to impact patient care, reassured CEO Bob Trinh. Clinicians will remain the same, ensuring familiarity for patients.
TVH has long been a pillar of healthcare in North Central Florida, serving over 55,000 patients. Despite facing challenges, including issues with Medicare billing that surfaced last fall, TVH has actively worked to rectify problems and report discrepancies. The organization has invested considerable effort into resolving these issues while simultaneously managing the impending asset sale.
Historically, healthcare systems often face financial hurdles — a trend exacerbated by the pandemic. According to recent statistics from the American Hospital Association, nearly 50% of hospitals reported negative operating margins in 2023. The strategic moves by TVH and CenterWell highlight a growing trend among healthcare providers: forming partnerships to bolster resilience and improve patient care.
This restructuring marks a significant chapter for both TVH and CenterWell. As these organizations navigate the complexities of healthcare delivery, the focus remains clear: prioritize patient well-being and adapt to changing conditions. The Villages community, with its unique demographic, will continue to benefit from enhanced healthcare services tailored to their needs.
For more detailed information about The Villages Health, visit their official website: thevillageshealth.com.
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