News

Prospect Medical Holdings’ bankruptcy prompted two hospital closures in Pennsylvania. The closures caused layoffs, disrupted ...
The City of Waterbury is seeking Prospect Medical Holdings financial records in an appeal of a disputed tax assessment for Waterbury Hospital.
U.S. Bankruptcy Judge Stacey Jernigan approved Prospect Medical Holdings’ plan to begin winding down operations at Crozer Health on Tuesday, after lawyers for the health system said an 18 ...
After months of failed deals and temporary extension deals, Prospect Medical Holdings will officially shut down Pennsylvania's Crozer Health after failing to line up a buyer. The bankrupt system ...
Amid a heated battle over an ownership change, Prospect Medical Holdings has threatened to close two of its hospitals in Rhode Island in response to conditions the state's attorney general proposed.
After Crozer Health closures, Shapiro, Pa. leaders want Health System Protection Act passed 02:23. In the wake of the ...
After years of fiscal and management chaos at CharterCARE due to the business practices of its parent company, Prospect ...
After months of uncertainty, Prospect Medical Holdings said that the Crozer Health system in Pennsylvania will close.
“Today, Prospect Medical Holdings made the extremely difficult decision to begin winding down operations across our Crozer Health facilities. The ambulatory surgery and imaging centers at ...
It's believed that Prospect Medical Holdings, the company that owns Crozer Health, hopes to close the hospitals by May 2, 2025. "A typical closure of a hospital takes months of a hospital this size.
“So far, all of the patients have safely been transported to the various hospitals within that community,” Prospect Medical Holdings Chief Restructuring Officer Paul Rundell said of the more ...