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 ...

Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...

Lawmakers are considering several proposals this session to better regulate private equity in health care, after similar legislation failed in chamber last year.

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 ...

The announcement comes just over a week after California-based Prospect Medical Holdings, the owner of three struggling Connecticut hospitals in Waterbury, Manchester and Vernon, filed for ...

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 ...

There was another hit on Medical Properties Trust, Inc. (NYSE:MPW) investors this week. This time, it's from Prospect Medical, as it declared Chapter 11 bankruptcy, attempting to buy more time to ...

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 ...

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 Properties Trust ...

LOS ANGELES--(BUSINESS WIRE)--Prospect Medical Holdings, Inc. (“Prospect Holdings” or the “Company”) today announced that it has received approvals from the United States Bankruptcy Court ...