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Prospect Medical Holdings files for bankruptcy
What you should know about Prospect Medical Holdings’ bankruptcy filing
The company has two hospitals in Rhode Island caring for thousands of the state’s most vulnerable patients. Here are answers to questions from patients and observers about how to navigate the bankruptcy.
Prospect Medical Holdings files for bankruptcy after owners took hundreds of millions in payouts
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 million. In a press release announcing its restructuring, the company said it would continue to operate as normal.
Prospect Medical Holdings, hospital network with 182 clinics nationwide, files for bankruptcy
Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy filing.
Prospect Medical files for bankruptcy. Here's what it means for its two RI hospitals.
In a statement, the company said specifically it was looking to expedite the sales of Roger Williams and Our Lady of Fatima medical centers.
State lawmakers monitoring Prospect Medical Holdings bankruptcy declaration
The owner of three financially struggling Connecticut hospitals has filed for Chapter 11 bankruptcy. Prospect Medical Holdings announced the move Saturday saying it’s to expedite the sale of hospitals in Rhode Island.
Hospital Operator Prospect Medical Files for Bankruptcy
Prospect Medical Holdings bankruptcy filing follows clashes with state regulators over hospital conditions.
Prospect Medical Holdings files for Chapter 11 amid criticisms of prior PE ownership
Prospect Medical Holdings filed for bankruptcy protections late Saturday, a move the financially strapped health system said will streamline divestitures outside of its home state of California.
Prospect Medical Holdings Files for Chapter 11, Intends to Sell Pennsylvania, Connecticut, and Rhode Island Hospitals
Prospect Medical Holdings has filed for bankruptcy and plans to restructure, maintaining patient services during the process.
What happens to Roger Williams and Fatima hospitals if Prospect Medical Holdings declares bankruptcy?
While the state’s health department says there could be a carve-out to shield the two safety-net hospitals, the attorney general says it’s “too early to tell.”
Prospect Medical, owner of private hospitals in Southern California, files for bankruptcy
The company has appointed Sidley Austin LLP as general bankruptcy attorney, Alvarez & Marsal as financial adviser, and Houlihan Lokey Inc. as investment banker, according to the court document. The case is Prospect Medical Holdings, Inc., 25-80002, in the U.S. Bankruptcy Court Northern District of Texas.
Prospect Medical Holdings, owner of 3 Connecticut hospitals, files for Chapter 11 bankruptcy
Prospect Medical Holdings, which owns Manchester Memorial Hospital, Rockville General Hospital and Waterbury Hospital, has filed for Chapter 11 bankruptcy.
Healthcare Dive
1d
Prospect Medical Holdings files for bankruptcy
Prospect is the second large health system with a history of private equity ownership to declare bankruptcy in the past year.
Yale Daily News
15h
“This is about life and death”: Prospect hospitals will remain open, state officials promise
State officials reassure residents about continued care at the Prospect Medical Holdings’ Connecticut hospitals and announce ...
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