Prospect Medical's bankruptcy comes less than a year after the bankruptcy of Steward Health Care, another major hospital system once-backed by private equity.

Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy filing.

A bankruptcy judge approved Prospect Medical Holdings’ plan to close Crozer Health on Tuesday, despite concerns from county officials and nurses about care access.

Prospect Medical Holdings, a company that owns three hospitals in Connecticut, filed for Chapter 11 bankruptcy protection.

New data highlights the challenges Delaware County, Pennsylvania, has experienced in the months since Crozer Health closed.

Prospect Medical Holdings, the Texas-based healthcare company behind Crozer Health, will start to wind down operations at the Delaware County hospital.

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 ...

Officials with Prospect Medical Holdings, which owns Crozer Health, said the health system is ceasing operations and thousands will be laid off.

Yale New Haven Health System and Prospect Medical Holdings in a legal battle over the $435 million hospital acquisition deal In October 2022, Yale New Haven Health System signed an agreement with ...

Crozer Health parent company Prospect Medical Holdings has announced that it is filing for Chapter 11 bankruptcy, and the reaction Sunday within Delaware County has been swift.

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.

Prospect Medical Holdings, a company that owns three hospitals in Connecticut, filed for Chapter 11 bankruptcy protection.