Modivcare Inc., a provider of non-emergency medical transportation and other supportive health-care services, has filed for voluntary Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas after funding cuts at the federal level strained its finances. The Denver-based company entered a restructuring support agreement backed by more than 90 percent of its first-lien lenders and over 70 percent of its second-lien noteholders. The plan includes a $100 million debtor-in-possession facility and aims to cut roughly $1.1 billion, or about 85 percent, of the firm’s funded debt. Modivcare said all operations, including its personal care and remote patient-monitoring units, will continue without interruption. Management expects to emerge from court oversight in the first weeks of the fourth quarter of 2025 with a “stronger, sustainable” capital structure and lower annual interest costs.