secwatch.observer — SEC 8-K summary
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Issuer:     UpHealth, Inc. (—)
CIK:        0001770141
Form:       8-K
Filed at:   2023-10-20T23:59:59+00:00
Accession:  0001193125-23-259732
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 1.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UpHealth subsidiaries Thrasys and BHS file Chapter 11; parent, Cloudbreak, TTC operate normally
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- Thrasys, Inc. and BHS (Behavioral Health Services LLC) filed Chapter 11 on Oct 20, 2023, joining UpHealth Holdings' Sept 19 filing.
- Parent UpHealth (NYSE: UPH) and units Cloudbreak Health and TTC Healthcare did not file and continue normal operations.
- Filing follows summary judgment in favor of Needham & Company LLC; Thrasys filing aims to meet immediate cash needs.
- Debtors seek joint administration; intend to pay vendors post-filing in full.
- BHS had previously discontinued operations earlier this year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1770141/000119312523259732/0001193125-23-259732-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1770141/000119312523259732/d567205d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-259732

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