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MaineCare ride provider exits bankruptcy in ‘incredibly strong’ shape, officials say
['Kevin Miller', 'Maine Public']
Bangor Daily News
The company that provides transportation to MaineCare clients is assuring state lawmakers that it emerged from bankruptcy in a strong financial position weeks after some legislators called on the state to drop its contract with Modivcare.
Colorado-based Modivcare is one of three organizations that coordinates transportation for lower-income and disabled Mainers to doctor’s offices and other appointments.
And then the company filed for Chapter 11 bankruptcy in August as it struggled with $1.4 billion in debt.
Additionally, DHHS officials noted that Modivcare provides more rides than any other broker across a larger swath of the state.
Penquis Community Action Agency, which already provides rides to MaineCare clients in parts of the state, sued to block the contract to Modivcare and was eventually joined by another provider, Waldo Community Action Partners.