Prospect Medical Holdings has struggled under piles of debt and rising expenses, leading it to file for Chapter 11 bankruptcy ...

Connecticut expects to have a full seat at the table in ensuring the transition of Prospect Medical Holdings’ three local ...

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

(RTTNews) - Medical Properties Trust Inc. (MPW) addressed Prospect Medical Group's decision to initiate an in-court restructuring under Chapter 11 of the U.S. Bankruptcy Code. Medical Properties ...

Prospect Medical Group, which owns 16 U.S. hospitals, filed for bankruptcy protection in Texas on Saturday, seeking to sell East Coast hospitals and re-focus on its California operations.

This is a summary of a request from Prospect Medical Holdings to hire Sidley Austin as counsel, filed Jan. 29 with the U.S. Bankruptcy Court in Dallas.

FTI Consulting is poised to take over as the temporary manager of Crozer Health pending court approval in the Prospect Medical Holdings bankruptcy proceedings. Filings show the receivership deal ...

Prospect, which operates 16 hospitals across ... regulators in Pennsylvania to find a buyer for the Crozer-Chester Medical Center. The health system has previously tried to sell hospitals across ...

Medical Properties Trust commented on Prospect Medical Group's decision to voluntarily file a Chapter 11 bankruptcy. Even though volume growth and coverage ratios were trending upwards ...

Los Angeles-based Prospect Medical Holdings has shared plans to ... physician offices and ambulatory surgery centers to a non-profit group of healthcare operators. The sale aims to "support ...

The bankruptcy filing this month by its for-profit owner follows years of turmoil, slashed programs, and multiple rounds of layoffs under Prospect ... Chester Medical Center was downgraded due to the ...

LOS ANGELES, February 03, 2025--(BUSINESS WIRE)--Prospect Medical Holdings, Inc. ("Prospect Holdings" or the "Company") today announced that it has entered into an amended and restated asset ...