News

At least four bidders are eyeing Prospect's three Connecticut hospitals ahead of an auction slated for later this summer.
More than two weeks after the two bonds offered by the Rhode Island Health and Education Building Corporation (RIHEBC) ...
"You want to protect private equity from coming in and pillaging our hospitals," House Minority Leader Vincent J. Candelora ...
Prospect Medical Holdings has put the four closed Crozer Health hospitals up for sale and has hired a real estate broker to handle the transaction, whether individually or as a whole. In addition, ...
As displaced Crozer Health patients overwhelm emergency rooms at Delaware County’s two remaining hospitals, four other closed ...
Crozer hospital in Chester, Pennsylvania On Wednesday, May 28, health provider Prospect Medical Holdings announced ... in “immediate jeopardy.” In Rhode Island, Prospect-owned hospitals ...
The now-bankrupt Prospect Medical Holdings, which at its peak employed ... In 2014, Prospect Medical pledged in a Rhode Island court that it intended to make substantial investments in the state ...
PROVIDENCE, R.I. (WPRI) — A federal bankruptcy judge has allowed Prospect Medical Holdings’ sale of two Rhode Island hospitals to keep moving forward, despite the company filing for Chapter 11 ...
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 ...
LOS ANGELES--(BUSINESS WIRE)--Prospect Medical Holdings ... physicians, and the Rhode Island communities we serve on a daily basis.” Ben Mingle, President and CEO of The Centurion Foundation ...
LOS ANGELES, February 03, 2025--(BUSINESS WIRE)--Prospect Medical Holdings, Inc. ("Prospect Holdings ... This is a positive development for our employees, physicians, and the Rhode Island communities ...
California-based healthcare company Prospect Medical Holdings filed for bankruptcy earlier this month, raising uncertainty about the future of its two Rhode Island hospitals. According to a court ...