The Foundation for Delaware County is liable if Prospect doesn’t make payments on two Springfield Township leases that run through September 2029.

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

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

The agreement with state authorities came together after a proposed sale of the Pennsylvania hospitals to a nonprofit ...

The deal between Prospect, which filed for chapter 11 bankruptcy in January, and the Commonwealth of Pennsylvania was signed ...

NEW YORK, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Management L.P. (“Prospect”), through its real estate platform, has closed on a preferred equity investment to recapitalize the ...

Pre-earnings options volume in Prospect Capital (PSEC) is normal with calls leading puts 9:5. Implied volatility suggests the market is anticipating a move near 6.7%, or 28c, after results are ...

Prospect Medical Holdings Inc. announced Friday that it wants to sell Crozer Health — including its hospitals, ambulatory surgery centers, clinics, and physician offices — to a not-for-profit ...

The deal between Pennsylvania Attorney General Dave Sunday and Prospect Medical Holdings on a receiver to oversee Crozer ...

Prospect Medical Holdings, the owner of three Connecticut hospitals, filed for bankruptcy on Jan. 11 amid ongoing complications related to the sale of the hospitals to Yale New Haven Health.

Then, in November, Prospect Medical Holdings and Alhambra-based Astrana Health Inc. reached an agreement for Astrana to buy Foothill Regional Medical Center in Tustin (in Orange County), a ...

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 ...