Urgent-Care Provider Carbon Health Technologies Files Bankruptcy

Medical-clinic operator Carbon Health Technologies Inc. filed for bankruptcy in Texas on Monday.

• An affiliate of the company listed between $100 million and $500 million in debt in its Chapter 11 petition
• Carbon Health raised$350 million in 2021 from investors led by Blackstone’s Horizon, which would have valued the healthcare provider at about $3 billion, Bloomberg News reported at the time
• Carbon Health operates dozens of urgent-care and primary-care clinics in states including California, Massachusetts and Texas, according to the company’s website
• The case is Carbon Health Medical Group of Texas, PLLC, 26-90305, US Bankruptcy Court, Southern District of ...