"It is out of our control at this point. There is nothing we can do to get those taxes until the bankruptcy court resolves this,” the mayor said.

Los Angeles-based Prospect Medical Holdings has shared plans to lay off 125 employees at its Orange, Calif.-based Prospect Medical Group location, according to a June 20 WARN notice obtained by Becker ...

Crozer hospital in Chester, Pennsylvania . On Wednesday, May 28, health provider Prospect Medical Holdings announced that non-profit healthcare provider ChristianaCare will purchase several ...

Prospect Medical Holdings’ bankruptcy prompted two hospital closures in Pennsylvania. The closures caused layoffs, disrupted patient care and renewed calls for oversight from lawmakers and Gov ...

LGP purchased a 61 percent stake in Prospect Medical for $363 million in 2010. This included $158 million in Prospect’s already-existing debt. The company was active in other states as well.

Calfornia-based, for-profit Prospect Medical Holdings purchased then-Crozer-Keystone Health System in 2016 for $300 million. Springfield Hospital was closed in 2020 and Delaware County Memorial ...

U.S. Bankruptcy Court Judge Stacey Jernigan approved Prospect Medical Holdings' move to shutter Crozer-Chester Medical Center and Taylor Hospital in Delaware County, resulting in another collapse ...

Crozer-Chester Medical Center and Taylor Hospital in Delaware County, Pennsylvania, will close after months of uncertainty, according to Prospect Medical Holdings, the parent company of Crozer Health.