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

The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.

Bankrupt health system Prospect Medical Holdings Inc. won court approval to hand operations of its Pennsylvania hospitals to ...

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

FTI Consulting is poised to take over as the temporary manager of Crozer Health pending court approval in the Prospect ...

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 transfer company said the health system owed it $267,000 before Los Angeles-based Prospect Medical Holdings, Crozer's for-profit owner, filed for bankruptcy Jan. 11, according to The ...

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 ...

MPW announced restructuring efforts with Prospect Medical Holdings, a troubled hotel operator. As discussed during MPT’s third quarter 2024 earnings, while Prospect’s California facilities ...