UpHealth receives final approval to access cash collateral

By Sarah Lizee

Olympia, Wash., Dec. 14 – UpHealth Holdings, Inc. received final approval to access cash collateral, according to an order filed Wednesday with the U.S. Bankruptcy Court for the District of Delaware.

The company’s secured 2025 noteholders and note trustee Wilmington Trust, NA have an interest in the collateral.

The company had about $57.23 million in outstanding principal under the 2025 notes as of the petition date.

UpHealth, a Delray Beach, Fla.-based digital health company, filed bankruptcy on Sept. 19 under Chapter 11 case number 23-11476.

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