Modern Healthcare5d
Prospect Medical signs temporary deal to avert hospital closures
The agreement with state authorities came together after a proposed sale of the Pennsylvania hospitals to a nonprofit ...
The Connecticut Mirror27d
Parent company’s bankruptcy may allow CT hospitals to directly tap into locally generated funds
The Chapter 11 bankruptcy proceedings of private equity-funded Prospect Medical Holdings (PMH), the parent company of three Connecticut community hospitals, kicked off Tuesday in the U.S ...
The Connecticut Mirror23d
Prospect Medical, owner of 3 CT hospitals, files for bankruptcy: What to know
Rockville General Hospital is one of three hospitals in Connecticut owned by Prospect Medical Holdings. Credit: Shahrzad Rasekh / CT Mirror This story is part of CT Mirror Explains, an ongoing ...
Becker's Hospital Review5d
Prospect Medical cedes control of 4-hospital system to state-backed receiver
U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.
CBS News6d
Federal judge signs agreement to place Crozer Health in receivership for 30 days to avoid hospital closures
The agreement will remove its parent company, Prospect Medical Holdings, and place an independent monitor to manage the health system and keep all services going. "Crozer Health looks forward to ...
The Providence Journal1mon
Prospect Medical files for bankruptcy. Here's what it means for its two RI hospitals.
As signaled last week, Prospect Medical Holdings – the owner of two for-profit Rhode Island hospitals – has filed for Chapter 11 bankruptcy. The company filed the motion in a Texas court late ...