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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 ...
Construction on a new $35 million acute care and rehabilitation center, which city officials hope will help the state's rapidly aging population manage after-care and chronic conditions, is underway ...
Unhappy about the new loan, Prospect's landlord threatens to disrupt earlier deal designed to speed hospital sales.
Healthcare provider Prospect Medical Holdings on Jan. 11, 2025, filed for Chapter 11 bankruptcy protection with plans to reorganize certain medical assets, sell two medical centers in Rhode Island, ...