Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is CCS Medical staying in business?

April 26, 2017Business CCS medical staying

0

Posted

Is CCS Medical staying in business?

1 Answer

0

Posted

Yes. This is a financial restructuring and Chapter 11 is a legal tool that is specifically designed to allow companies to continue to operate while they develop plans to reorganize their finances. Importantly, the fundamentals of CCS Medical’s business remain solid. Our operations are strong and demand for our quality products, services and single source convenience continues to grow. We expect that business will continue as usual while we work to align our capital structure with our operations.