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

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

In an initial filing seeking Chapter 11 protections, Prospect Medical Holdings, which owns facilities in California, Pennsylvania, Rhode Island, and Connecticut, listed debts of more than $400 ...

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 ...

The for-profit, which filed for Chapter 11 in January, shared an amended asset purchase agreement for its CharterCARE Health ...

Insiders tell CBS News Philadelphia conditions at Crozer Chester Medical Center were already dire. Now, emotions are running even higher after Prospect Medical Holdings, the company that owns the ...

State regulators approved a deal to sell the hospitals months ago. However, Prospect said in court filings it couldn’t afford ...

Prospect Medical Holdings, the Los Angeles-based healthcare company, sought bankruptcy protection after its previous owner extracted hundreds of millions of dollars in dividends and management ...

Prospect Medical Holdings and Medical Properties Trust, which owns the land on which Prospect's hospitals sit, owe tens of millions of dollars in delinquent taxes to municipalities, some of which ...

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

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.