News

Unhappy about the new loan, Prospect's landlord threatens to disrupt earlier deal designed to speed hospital sales.
A judge has approved $30 million in emergency debt financing for Los Angeles-based Prospect Medical Holdings to avoid service cuts and layoffs at its California and Connecticut hospitals, CT Insider ...
Prospect Medical Holdings, a company that owns three hospitals in Connecticut, filed for Chapter 11 bankruptcy protection.
Prospect Medical's bankruptcy comes less than a year after the bankruptcy of Steward Health Care, another major hospital system once-backed by private equity.
Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy filing.
Prospect Medical Holdings, the Texas-based healthcare company behind Crozer Health, will start to wind down operations at the Delaware County hospital.
A bankruptcy judge approved Prospect Medical Holdings’ plan to close Crozer Health on Tuesday, despite concerns from county officials and nurses about care access.
Officials with Prospect Medical Holdings, which owns Crozer Health, said the health system is ceasing operations and thousands will be laid off.
California-based Prospect Medical Holdings filed for Chapter 11 bankruptcy on Saturday in the U.S. Bankruptcy Court for the Northern District of Texas, following years of financial difficulties ...
Lawmakers said they'll "fight like hell" to keep Crozer Chester Medical Center open after its parent company, Prospect Medical Holdings, filed for bankruptcy.
Yale New Haven Health System and Prospect Medical Holdings in a legal battle over the $435 million hospital acquisition deal In October 2022, Yale New Haven Health System signed an agreement with ...
Prospect Medical Holdings, a company that owns three hospitals in Connecticut, filed for Chapter 11 bankruptcy protection.