(Bloomberg) -- 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 ...

Prospect Medical Holdings’ downward spiral into bankruptcy left many of its 16 hospitals and related facilities in limbo as the for-profit company looks to condense that portfolio and sell off ...

Banrkupt Prospect Medical Holdings said Friday it intends to sell Crozer Health, its four-hospital health system based in Pennslyvania, to an unnamed consortium of nonprofit healthcare operators.

The proposed sale includes Crozer Health's hospitals, ambulatory surgery centers, clinics and physician offices in Delaware County. Prospect Medical Holdings Inc. said Friday it intends to sell ...

On Friday, Prospect Medical Holdings, the parent company of Crozer Chester and Taylor hospitals, announced a deal to sell the hospitals to a not-for-profit consortium of what the company is ...

Prospect Medical Holdings is pushing through its bankruptcy proceedings with new deals on its Rhode Island and Pennsylvania hospitals. Monday, the for-profit announced an amended and restated ...

This is a summary of a request from Prospect Medical Holdings to hire Sidley Austin as counsel, filed Jan. 29 with the U.S. Bankruptcy Court in Dallas.

Prospect Medical Holdings and Medical Properties Trust, which owns the land on which Prospect's hospitals sit, owe tens of millions of dollars in delinquent taxes to municipalities, some of which ...

Prospect acquired the hospitals at the center of the Rhode Island deal — 220-bed Roger Williams Medical Center and 312-bed Our Lady of Fatima Hospital — for $45 million in 2014. Since that ...

Prospect Medical Holdings Inc. announced Friday that it wants to sell Crozer Health — including its hospitals, ambulatory surgery centers, clinics, and physician offices — to a not-for-profit ...