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

The agreement with state authorities came together after a proposed sale of the Pennsylvania hospitals to a nonprofit ...

Delaware County is working to make sure residents have access to health care services for whatever occurs with the Crozer Health system. Delaware County Council Chair Dr. Monica Taylor told EMS ...

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

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

A Senate report uncovered financial mismanagement by private equity firms in healthcare, shedding light on their impact on ...

The renewed push comes on the heels of Chapter 11 bankruptcy filings Jan. 11 by private equity-funded Prospect Medical Holdings (PMH), parent company of three financially struggling Connecticut ...

EAST PROVIDENCE, R.I. (WPRI) — Prospect Medical Holdings, the company that owns Our Lady of Fatima Hospital and Roger Williams Medical Center in Rhode Island, announced over the weekend that it ...

The spotlight on private equity ownership in healthcare is burning even brighter after Prospect Medical Holdings' descent. The California-based for-profit health system filed for Chapter 11 ...

(Bloomberg) -- Bankrupt hospital chain Prospect Medical Holdings Inc. won court permission to start drawing from its $100 million Chapter 11 financing despite a challenge from landlord Medical ...

Prospect Medical Holdings, Inc. (“Prospect Holdings” or the “Company”) today announced that it has received approvals from the United States Bankruptcy Court for the Northern District of ...