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Novation Companies Inc
9229 Ward Parkway, Suite 340
Phone: (816) 237-7000p:816 237-7000 KANSAS CITY, MO  64114  United States
Filed for Bankruptcy on 8/13/2023
Case #23-11153, filed in the U.S. Bankruptcy Court for the District of Delaware
This company is no longer actively traded on any major stock exchange.
Business Summary
Novation Companies, Inc. provides outsourced health care staffing and related services in the state of Georgia. The Company operates through its wholly owned subsidiary, Healthcare Staffing, Inc. (HCS). HCS delivers outsourced full-time and part-time employees primarily to Community Service Boards (CSBs), quasi state organizations that provide behavioural health services at facilities across Georgia, including mental health services, developmental disabilities programs, and substance abuse treatments. HCS also provides healthcare outsourcing and staffing services to hospitals, schools, and a range of privately-owned businesses. The Company's subsidiaries include Novation Holding, Inc., NovaStar Mortgage LLC, NovaStar Mortgage Funding Corporation, and NovaStar REMIC Financing Corporation.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202112/31/2020YesYesYes-Yes

Industries
SIC Code Description
6798 Real estate investment trusts
7363 Help supply services
6163 Loan brokers

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Information Officer; Chief Executive Officer - Corvisa LLC MatthewLautz 32 8/14/2015 3/1/2012
Chief Restructuring Officer Michael T.Wyse 45 1/18/2022 1/18/2022
Director Lee D.Keddie 4/12/2018 4/12/2018
3 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Healthcare Staffing, Inc. 1724 Phoenix Parkway College Park GA United States
NovaStar Mortgage Funding Corporation 2114 Central Street Kansas City MO United States

Business Names
Business Name
Healthcare Staffing, Inc.
IVR Central, LLC
NovaStar Mortgage Funding Corporation
4 additional Business Names available in full report.

General Information
Outstanding Shares: 116,155,893 (As of 9/30/2021)
Shareholders: 713
Stock Exchange: OTC
Federal Tax Id: 742830661


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Saturday, March 30, 2024