Astrana Health (formerly Apollo Medical Holdings) has closed its deal to acquire the assets of Prospect Health, which include ...

With $18 million in payroll due next week, bankrupt hospital operator Prospect Medical Holdings asked a judge on Wednesday to approve $30 million in emergency debt financing as it faces a cash crunch.

The management services organization is owned by Prospect Medical Holdings, which filed for Chapter 11 bankruptcy in January.

Genesis Healthcare, which owns facilities including St. Joseph's Center in Trumbull, said it owes up to $10 billion.

"It is out of our control at this point. There is nothing we can do to get those taxes until the bankruptcy court resolves this,” the mayor said.

“In the case of Genesis HealthCare, this is another private equity-backed health care organization that has bled dry by greed ...

New data highlights the challenges Delaware County, Pennsylvania, has experienced in the months since Crozer Health closed.

After Prospect Medical Holdings declared bankruptcy, lawmakers wanted to rein in private equity in CT health care. But no bills passed.

After Prospect Medical Holdings, the formerly private equity-backed owner of three Connecticut hospitals, declared bankruptcy in January, Gov. Ned Lamont and state officials from both sides of the ...

The response to my idea is puzzling,” state Rep. Craig Williams says of his plan to reopen CCMC. “We may lose our only ...

Los Angeles-based Prospect Medical Holdings has shared plans to lay off 125 employees at its Orange, Calif.-based Prospect Medical Group location, according to a June 20 WARN notice obtained by ...