News

A filing by the attorney general’s office is designed to help CT get the $67M in health provider taxes it claims Prospect ...
The new court filing accuses Prospect Medical of endangering patients, dodging taxes at its three CT hospitals.
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 ...
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 ...
Prospect Medical Holdings, the owner of three struggling Connecticut hospitals in Waterbury, Manchester, and Vernon, has announced that it filed for voluntary Chapter 11 bankruptcy reorganization.
Private equity firm Leonard Green and other investors extracted $645 million from Prospect Medical before announcing a deal to sell it and leave it with $1.3 billion in financial obligations. Four ...