News

NEW HAVEN, Conn. (WTNH) – Yale New Haven Health wants out of a deal to purchase Prospect Medical Holdings’ Connecticut hospitals and medical group. Representatives from both companies have ...
This is a summary of a request from the Official Committee of Unsecured Creditors of Prospect Medical Holdings to hire Brinkman Law Group as efficiency counsel, filed March 24 with the U.S. Bankruptcy ...
“The closure of Taylor Hospital and Crozer-Chester Medical Center wasn’t inevitable. It is the direct result of greed and incompetence from Prospect’s corrupt ownership group,” County ...
Gov. Ned Lamont's office has hired FTI Consulting Inc. to keep tabs on the bankruptcy case of Prospect Medical Holdings, ...
Crozer Health's two hospitals have already received $40 million in cash infusions over the last few months from the state, ...
Prospect Medical is getting some financial support from the Penn Health System and Delaware County that will delay the immediate closing of Crozer Health's financially struggling hospitals.
With no closure or asset purchase agreement for Crozer Health, Prospect Medical Holdings started transitioning some of its services — such as ob/gyn — out of the system “We don’t have a ...
Three Connecticut hospitals went bankrupt this year, all of which were owned by Prospect Medical Holdings, a private health care group. Lawmakers have now introduced Senate Bill 1507, which would ...
Amid a heated battle over an ownership change, Prospect Medical Holdings has threatened to close two of its hospitals in Rhode Island in response to conditions the state's attorney general proposed.
The bill, which would allow for the appointment of a receiver at financially distressed Connecticut hospitals, was prompted by Prospect Medical Holdings’ recent bankruptcy filing.