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 ...
The company has two hospitals in Rhode Island caring for thousands of the state’s most vulnerable patients. Here are answers ...
Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy ...
Crozer Health, the hospital system in Delaware County, is expected to continue operating as Prospect looks to sell the asset ...
The California hospital chain went bust four years after Leonard Green & Partners took its profits and walked away.
Prospect Medical Group, which owns 16 U.S. hospitals, filed for bankruptcy protection in Texas on Saturday, seeking to sell ...
Prospect is the second large health system with a history of private equity ownership to declare bankruptcy in the past year.
The company has appointed Sidley Austin LLP as general bankruptcy attorney, Alvarez & Marsal as financial adviser, and ...
Prospect Medical, which provides services in places including Southern California, Connecticut and New Jersey ... centers in Rhode Island to Centurion Foundation, Inc., it said.