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.

A healthcare company that owns and operates more than 182 hospitals and clinics nationwide filed for Chapter 11 bankruptcy ...

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

Prospect Medical Holdings - which also owns 166 clinics across California, Connecticut, Pennsylvania and Rhode Island, and employs 12,600 people - filed for Chapter 11 protection in Texas on Saturday.

Prospect Medical Holdings said Friday it has a deal to sell Crozer Health to a consortium of nonprofit healthcare operators. However, the system offered few specifics about deal terms.

Prospect Medical Holdings is pushing through its b ... ASCs, clinics and physicians' offices to an unspecified “non-for-profit consortium of healthcare operators.” ...

HEALTH CARE What you should know about Prospect Medical Holdings’ bankruptcy filing The company has two hospitals in Rhode Island caring for thousands of the state’s most vulnerable patients.

On Jan. 11, Prospect Medical Holdings, the owner of three hospitals in Connecticut, filed for Chapter 11 bankruptcy. Prospect’s filing listed debts of more than $400 million. The company hopes the ...

Attorneys for Prospect Medical Holdings are asking the bankruptcy judge to authorize an "expedited" closure. Four days before such a closure, the proposed plan shows the emergency department would ...

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 ...

LOS ANGELES, January 31, 2025--Prospect Medical Holdings, Inc. ("Prospect Holdings" or the "Company") today announced that it intends to sell Crozer Health and its operating assets, including all ...