GoHealth Emerges From Bankruptcy, Becomes Private
GoHealth completed its financial restructuring via a prepackaged Chapter 11 plan, transferring ownership to its lenders, reinstating preferred equity, paying trade payables in full, and converting to a private company under New GoHealth, LLC with an effective date of July 21, 2026. The plan includes a new Takeback Credit Facility of $20 million and more than $760 million in senior and junior takeback loans, five-year maturities, and first-priority liens with liquidity covenants, while its Tax Receivable Agreement was amended to avoid change-of-control payments. Upon emergence, all GoHealth common stock and equity rights were cancelled, and the company will suspend SEC reporting and deregister its securities, signaling a transition away from being a listed public company. Leadership described the move as a strengthened capital structure that positions GoHealth to continue serving Medicare consumers and partners as a private entity under new ownership. GoHealth’s post-restructuring era emphasizes stability and strategic focus on its Medicare marketplace business, with communications highlighting the company’s readiness to pursue growth under its lenders’ ownership and private status.
