"It is out of our control at this point. There is nothing we can do to get those taxes until the bankruptcy court resolves ...

The layoffs will impact employees of Prospect’s management services organization, according to notices filed with state ...

In an initial filing seeking Chapter 11 protections, Prospect Medical Holdings, which owns facilities in California, Pennsylvania, Rhode Island, and Connecticut, listed debts of more than $400 ...

At least four bidders are eyeing Prospect's three Connecticut hospitals ahead of an auction slated for later this summer.

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

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.

(WFSB) – Prospect Medical Holdings, a company that owns three hospitals in Connecticut, filed for Chapter 11 bankruptcy protection. The decision affected Waterbury Hospital, Manchester Memorial ...

A Penn Medicine spokesperson said the $5 million offer to help Crozer Health's operations was rejected by Prospect Medical Holdings. Crozer-Chester and Taylor hospitals employs 3,200 people and ...

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 months ...

Prospect Medical Holdings disputes the system’s claims. In its own June 2024 lawsuit, Prospect accused YNHHS of suing to escape its obligation to acquire the three “safety-net” hospitals, which ...

(WFSB) – Prospect Medical Holdings, a company that owns three hospitals in Connecticut, filed for Chapter 11 bankruptcy protection. The decision affected Waterbury Hospital, Manchester Memorial ...