News

The state has agreed to a settlement with Prospect Medical Holdings, which will allow the owner of three Connecticut ...
Nonprofit ChristianaCare announced it would buy several of the smaller facilities associated with Crozer Health during the ...
"You want to protect private equity from coming in and pillaging our hospitals," House Minority Leader Vincent J. Candelora ...
PHILADELPHIA - Prospect Medical Holdings, the Texas-based healthcare company behind Crozer Health, will start to wind down operations at the Delaware County hospital. "Prospect Medical Holdings ...
Prospect Medical Holdings’ downward spiral into bankruptcy ... but no further information about the group was provided. Prospect will seek approval at a bankruptcy court hearing scheduled ...
“The closure of Taylor Hospital and Crozer-Chester Medical Center wasn’t inevitable. It is the direct result of greed and incompetence from Prospect’s corrupt ownership group,” County ...
Jan 13 (Reuters) - Prospect Medical Group, which owns 16 U.S. hospitals, filed for bankruptcy protection in Texas on Saturday, seeking to sell East Coast hospitals and re-focus on its California ...
today issued the below statement in response to Prospect Medical Group’s (“Prospect”) decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code.
PROVIDENCE — Bankrupt Prospect Medical Holdings did not pay vendors ... the managing director of Houlihan Lokey’s Financial Restructuring Group, said he does not expect that deal to close ...
“The Rhode Island healthcare market which we entered this year is fragile,” said Arches Medical Group founder Chris Kryder. VillageMD sells RI physician practices and clinics to Boston group ...
Medical Properties Trust commented on Prospect Medical Group's decision to voluntarily file a Chapter 11 bankruptcy. Even though volume growth and coverage ratios were trending upwards ...