News

Prospect Medical Group and its subsidiaries were recently awarded Elite Status for the ninth year in a row based on the America’s Physician Groups (APG) Standards of Excellence Survey 2020.
(RTTNews) - Medical Properties Trust Inc. (MPW) addressed Prospect Medical Group's decision to initiate an in-court restructuring under Chapter 11 of the U.S. Bankruptcy Code.
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.
California-based Prospect Medical Holdings filed for Chapter 11 bankruptcy on Saturday in the U.S. Bankruptcy Court for the Northern District of Texas, following years of financial difficulties ...
Updated: May 3, 2024 / 03:28 PM EDT NEW HAVEN, Conn. (WTNH) – Yale New Haven Health wants out of a deal to purchase Prospect Medical Holdings’ Connecticut hospitals and medical group.
Prospect Medical Holdings edged closer Thursday to closing Delaware County’s Crozer-Chester Medical Center and Taylor Hospital. The California for-profit owner of the health system told a ...
Prospect Medical Holdings filed for bankruptcy on Jan. 11. The for-profit company had been sued by the Pennsylvania attorney general in October, alleging financial mismanagement and negligence.
Prospect Medical Holdings announces deal to sell Delaware County hospitals to not-for-profit consortium By Joe Holden January 31, 2025 / 4:46 PM EST / CBS Philadelphia ...
PROVIDENCE — Bankrupt Prospect Medical Holdings did not pay vendors to provide basic medical supplies, and its hospital leaders in Rhode Island on Tuesday morning were forced to delay surgeries ...
Boston-based Arches Medical Partners’ physician group will leave CharterCare Provider Group, part of Los Angeles-based Prospect Medical Holding, and partner with Integra Community Care Network ...
After reading the United Nurses and Allied Professionals union’s self-serving op-ed “ Paxson’s Promotion of Prospect Medical Holdings Risks Poor Health Care for University ” last week, as a Brown alum ...
Waterbury Hospital, which is owned by the private-equity group Prospect Medical Holdings, was also cited by inspectors from the state Department of Public Health for failing “to ensure that ...