Bankruptcy would wipe out KKR's investment in Envision's physician staffing business, but the PE company would still own the lucrative AmSurg assets. KKR is in talks with Envision's creditors about a debt for equity exchange that would reduce KKR's stake in the company. MAY 8, 2023 Envision Healthcare - the private equity-owned physician staffing firm whose clinicians can be found staffing 540 health care facilities in 45 states - is in serious financial trouble.