Negotiations will start at nine o'clock Thursday morning between ARH and Coventry Care officials.
A federal judge has ordered the two companies to sit down together and negotiate.
She also ordered that every two hours, the court be notified about the status of settlement negotiations.
If an agreement is not reached by Friday night, thousands could be without a local health care provider and hundreds of employees may lose their jobs.
A hearing on the matter is set for Friday morning in Lexington.