Astrana Health, Inc. ("Astrana," and together with its subsidiaries and affiliated entities, the "Company") (NASDAQ: ASTH), a physician-centric, technology-enabled healthcare company empowering ...

Alhambra, Calif.-based Astrana Health acquired Los Angeles-based Prospect Health System on July 1 for $708 million. Astrana, formerly known as Apollo Medical Holdings, entered into a $745 million ...

After Prospect Medical Holdings declared bankruptcy, lawmakers wanted to rein in private equity in CT health care. But no ...

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 ...

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 ...

ChristianaCare announced Wednesday it was the successful bidder to take over California-based Prospect Medical Holdings' remaining health campuses in Broomall, Havertown, two in Glen Mills, and Media.

Bankrupt Prospect Medical Holdings scuttled a deal to sell Crozer Health but secured $20 million in funding from regulators to keep Crozer’s operations afloat for one more month.

Prospect Medical Holdings, the owner of three struggling Connecticut hospitals in Waterbury, Manchester, and Vernon, is working with restructuring advisors to explore ways to address the company ...

Prospect Medical Group, which owns 16 U.S. hospitals, filed for bankruptcy protection in Texas on Saturday, seeking to sell East Coast hospitals and re-focus on its California operations.

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.

For example, the investigation found that Prospect Medical Holdings paid out $645 million in dividends and preferred stock redemption to its investors — $424 million of which went to Leonard ...