News

Nonprofit ChristianaCare announced it would buy several of the smaller facilities associated with Crozer Health during the ...
Crozer-Chester Medical Center and Taylor Hospital in Delaware County, Pennsylvania, will close after months of uncertainty, according to Prospect Medical Holdings, the parent company of Crozer Health.
A bankruptcy judge approved a compromise between Prospect Medical Holdings, its landlord Medical Properties Trust and its other creditors that settles disputes over how to divide up the proceeds ...
Prospect Medical Holdings Inc. is looking to shutter several hospitals and outpatient facilities in Pennsylvania to stem its cash outflows, a move that employees said could “devastate” local ...
Lawyers for Prospect Medical Holdings warned before a federal judge in Texas Thursday about the possible closure of the entire Crozer Health system in Pennsylvania. The judge did not issue a ruling.
Prospect Medical Holdings Inc. has indicated that it is going to start closure proceedings on Crozer Health, officials confirmed Thursday, as Delaware County released a resource webpage for residents.
Bankrupt health system Prospect Medical Holdings Inc. won court approval to hand operations of its Pennsylvania hospitals to a state-backed receiver, a last minute deal that averts potential ...
California-based healthcare company Prospect Medical Holdings filed for bankruptcy earlier this month, raising uncertainty about the future of its two Rhode Island hospitals. According to a court ...
Shares of Medical Properties Trust (NYSE:MPW) outperformed last week as investors shrugged off concerns surrounding the recent bankruptcy proceedings initiated by its major tenant, Prospect ...
(Bloomberg) -- Bankrupt hospital chain Prospect Medical Holdings Inc. won court permission to start drawing from its $100 million Chapter 11 financing despite a challenge from landlord Medical ...
Prospect Medical Holdings, the Los Angeles-based healthcare company, sought bankruptcy protection after its previous owner extracted hundreds of millions of dollars in dividends and management ...