Central Iowa Healthcare Tuesday announced they are filing for Chapter 11 bankruptcy protection and has asked the court to approve a plan to sell its assets to UnityPoint Health out of the Waterloo area. Under the plan all of its operations would continue without interruption during this time and after completion of the proposed sale transaction. C-I-H has asked the court to approve a financing arrangement that UnityPoint Health Waterloo has offered to support operations during the bankruptcy proceedings and pending the sales transaction targeted for the late first quarter of 2017. The plan will help in uninterrupted payment for employees and payment for future vendor services and supplies until the sales transaction is complete. After this is complete CIH`s assets will be owned and operated by UnityPoint Health.  Employees are being encouraged to to seek employment with the new UnityPoint Health entity`s team, once the transaction is finalized by the court.