U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.

The agreement with state authorities came together after a proposed sale of the Pennsylvania hospitals to a nonprofit ...

The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.

The renewed push comes on the heels of Chapter 11 bankruptcy filings Jan. 11 by private equity-funded Prospect Medical Holdings (PMH), parent company of three financially struggling Connecticut ...

The transfer company said the health system owed it $267,000 before Los Angeles-based Prospect Medical Holdings, Crozer's for-profit owner, filed for bankruptcy Jan. 11, according to The ...

Rockville General Hospital is one of three hospitals in Connecticut owned by Prospect Medical Holdings. Credit: Shahrzad Rasekh / CT Mirror This story is part of CT Mirror Explains, an ongoing ...

Just recently it was reported that another large tenant, Prospect Medical Holdings ('Prospect'), faces struggles with debt and soaring expenses. Due to these issues, Prospect has even filed for ...

There was another hit on Medical Properties Trust, Inc. (NYSE:MPW) investors this week. This time, it's from Prospect Medical, as it declared Chapter 11 bankruptcy, attempting to buy more time to ...

An Apple Valley man is believed to have gone missing after he failed to deliver four pizzas on his route for work and failed to return home. Shuefaub Xiong, 42, arrived for a shift at the Apple ...

The spotlight on private equity ownership in healthcare is burning even brighter after Prospect Medical Holdings' descent. The California-based for-profit health system filed for Chapter 11 ...

The Tata IISc Medical School will offer an innovative approach ... The collaboration between IISc and the Tata Group was formalized through a Memorandum of Understanding (MoU) signed earlier ...

(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 ...