prospect medical holdings chapter 11

Prospect Medical Holdings 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.

Fierce Healthcare · 1d

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.

Bloomberg L.P. · 15h

Prospect Medical Faces Landlord Brawl, Cash Burn in Bankruptcy

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 Inc.

Hoodline1d

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.

Prospect Medical Holdings, Inc. Receives Court Approval of "First Day" Motions

Prospect Medical Holdings, Inc. ("Prospect Holdings" or the "Company") today announced that it has received approvals from the United States Bankruptcy Court for the Northern District of Texas (the ...

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Prospect Medical Holdings bankruptcy

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