Envision has been battling high labor costs and was recently in a dispute with UnitedHealthcare in which the insurer alleged Envision was billing routine visits as unnecessarily complex care.
Envision has about $7 billion of debt outstanding and has been exploring bankruptcy. It missed a March 31 quarterly reporting deadline and skipped an April interest payment.
Financial experts expect an uptick in bankruptcies this year, according to the report.
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