Envision Healthcare
PE-Owned1 Documented ImpactKKR acquired Envision in 2018 for $9.4B including $7B in debt. Became poster child for PE surprise billing in healthcare. Filed Chapter 11 in 2023 with $7.7B in debt. ~69,000 physicians and staff affected.
Ownership Information
Envision Healthcare is owned by KKR (Kohlberg Kravis Roberts). Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
Envision Healthcare founded
Acquired by KKR (Kohlberg Kravis Roberts) for $9.4 billion
Envision Healthcare collapsed under $7.7B in KKR debt
KKR acquired Envision for $9.4B in 2018, loading massive debt. The company became the poster child for PE surprise billing in healthcare. Filed Chapter 11 in May 2023. ~69,000 physicians and staff affected.
KKR-Backed Envision Healthcare Files for Bankruptcy
New York Times →Before vs. After PE Acquisition
Jobs affected
Reported 2023
Before PE
69,000 employees
After PE
Bankrupt, restructured
↓ 100%
Tracked Locations
CA (1)
San Diego
6381 Main St
San Diego, CA 92101
555-423-5496
FL (1)
Miami
85 Main St
Miami, FL 33101
555-381-3216
TN (1)
Nashville
3959 Main St
Nashville, TN 37201
555-429-7733
TX (1)
Dallas
8675 Main St
Dallas, TX 75201
555-364-1407