Prospect Medical Group, which owns 16 U.S. hospitals, filed for bankruptcy protection in Texas on Saturday, seeking to sell ...

Prospect Medical Holdings Inc., once an active buyer of cash-strapped hospitals, filed for bankruptcy after struggling with ...

Prospect, which operates 16 hospitals across California, Connecticut ... Island hospital to Centurion Foundation and plans to ...

Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy ...

The company has appointed Sidley Austin LLP as general bankruptcy attorney, Alvarez & Marsal as financial adviser, and ...

The California hospital chain went bust four years after Leonard Green & Partners took its profits and walked away.

The owner of Roger Williams Medical Center in Providence and Our Lady of Fatima Hospital in North Providence, is ...

Crozer Health, the hospital system in Delaware County, is expected to continue operating as Prospect looks to sell the asset ...

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.

The health system's financial unraveling has similarities to the much-maligned collapse by Steward Health Care. The spotlight on private equity ownership in healthcare is burning even brighter after ...