Health Care IT Providers Join Dismissal Motion In Insolvent Plan Liquidation

(November 22, 2023, 1:40 PM EST) -- WILMINGTON, Del. — Health care information technology (IT) companies submitted in Delaware state court a joinder to a dismissal motion filed by the special deputy receiver for Friday Health Insurance Co. Inc. to dismiss or stay an assignment for the benefit of creditors (ABC) proceeding to liquidate the assets of Friday Health Plans Inc. (FHP) and Friday Health Plans Management Services Co. Inc. (FHP MSC), asserting “that the pendency of multiple, concurrent insolvency proceedings . . . creates the potential” for inconsistent rulings....