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

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 ...

Prospect Medical Holdings and Medical Properties Trust owe $23.6 million in delinquent taxes to Manchester, South Windsor, ...

Prospect Medical Holdings’ downward spiral into bankruptcy ... Much of Prospect’s footprint is concentrated in its home state of California, but the company was already looking to offload ...

Prospect Medical Holdings and Alhambra-based Astrana Health Inc. reached an agreement for Astrana to buy Foothill Regional Medical Center in Tustin (in Orange County), a California-licensed health ...

Connecticut expects to have a full seat at the table in ensuring the transition of Prospect Medical Holdings’ three local ...

LOS ANGELES--(BUSINESS WIRE)--Prospect Medical Holdings, Inc. (“Prospect Holdings” or the “Company”) today announced that it intends to sell Crozer Health and its operating assets ...

The Chapter 11 bankruptcy proceedings of private equity-funded Prospect Medical Holdings (PMH), the parent ... a lawyer for Prospect said the California-headquartered company got “dangerously ...

Prospect Medical Holdings, Inc. (“Prospect Holdings” or the “Company”) today announced that it has received approvals from the United States Bankruptcy Court for the Northern District of ...

Prospect Medical Holdings and Medical Properties Trust ... some of which have not received payments in two years. All told, California-based Prospect and Alabama-based MPT owe a total of roughly ...

LOS ANGELES--(BUSINESS WIRE)--Prospect Medical Holdings, Inc. (“Prospect Holdings ... realign its organizational focus outside of California and return to fulfilling its original mission ...