Lawmakers said they'll "fight like hell" to keep Crozer Chester Medical Center open after its parent company, Prospect Medical Holdings, filed for bankruptcy.

Los Angeles-based Prospect Medical Holdings has shared plans to lay off 125 employees at its Orange, Calif.-based Prospect Medical Group location, according to a June 20 WARN notice obtained by Becker ...

From 2010 to 2021, private equity firm Leonard Green & Partners controlled a majority stake in Prospect Medical. CBS News has reported on a series of financial moves the company took to issue ...

Crozer Health’s owner, Prospect Medical Holdings, filed a bankruptcy notice Monday saying it is closing Delaware County’s Crozer-Chester Medical Center and Taylor Hospital. California-based ...

After Prospect Medical Holdings, the formerly private equity-backed owner of three Connecticut hospitals, declared bankruptcy ...

Court documents filed Tuesday in Conneticut’s Superior Court reveal new details about federal and state investigations into Prospect Medical Holdings, a for-profit 16-hospital system ...

As signaled last week, Prospect Medical Holdings – the owner of two for-profit Rhode Island hospitals – has filed for Chapter 11 bankruptcy. The company filed the motion in a Texas court late ...

PROVIDENCE — Bankrupt Prospect Medical Holdings did not pay vendors to provide basic medical supplies, and its hospital leaders in Rhode Island on Tuesday morning were forced to delay surgeries ...

In 2019, Prospect Medical Holdings sold its hospital real estate in California, Connecticut, and Pennsylvania to Medical Properties Trust (MPT) for $1.386 billion as part of a sale-leaseback deal.

Crozer-Chester Medical Center in Upland is the flagship hospital of Crozer Health. Laurence Kesterson / Crozer Health By John George – Senior Reporter, Philadelphia Business Journal ...

FILE - Sept. 17, 2024: Manchester Memorial Hospital is one of three community hospitals in Connecticut owned by private equity-funded Prospect Medical Holdings at risk of closure in the absence of ...