Prospect Medical Holdings has struggled under piles of debt and rising expenses, leading it to file for Chapter 11 bankruptcy protection last month.

Bankrupt Prospect Medical Holdings announced Friday that intends to sell bankrupt Crozer Health to a “not-for-profit ...

U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.

Several hospitals and one health systems has already filed for bankruptcy in 2025. Despite hospital operating margins gradually improving, headwinds persist.

and increased health plan denials, according to documents filed in US Bankruptcy Court for the Northern District of Texas. Prospect company reported liabilities ranging between $1 billion and $10 ...

Prospect Medical Holdings Inc. announced Friday that it wants to sell Crozer Health — including its hospitals, ambulatory ...

Prospect Medical Holdings did not identify which parties would be a part of the consortium looking to take over the distressed Crozer Health system in Delaware County.

FTI Consulting is poised to take over as the temporary manager of Crozer Health pending court approval in the Prospect ...

The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.

PHP Holdings, LLC and its related subsidiaries, including Prospect Health Plan, Inc., Prospect Medical Systems, LLC and its affiliated medical groups in California, Arizona, and Texas, Gateway ...

Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.

Prospect Medical Holdings revealed its intention to sell Crozer Health to a nonprofit group of healthcare operators, consisting of unnamed parties. The health system, which filed for Chapter 11 ...