Bankruptcy judge approves sale of Prospect’s 2 R.I.-based hospitals to nonprofit organization
The bankruptcy court’s approval of this sale provides reason for cautious optimism,” said Rhode Island Attorney General Peter ...
Prospect says Crozer Health sale advances, but governor’s office and attorney general did not confirm
Bankrupt Prospect Medical Holdings announced Friday that it intends to sell Crozer Health to a “not-for-profit consortium of ...
The Connecticut Mirror26d
Lamont proposes legislation to rein in private equity in health care
Prospect CEO Sam Lee reportedly took home roughly $90 million ... A spokesperson with Prospect Medical Holdings did not immediately respond to a request for comment. Had the oversight measures ...
Becker's ASC11d
Unpacking 3 major healthcare private equity bankruptcies
Here is a breakdown of these three major healthcare private equity bankruptcies: 1. Steward Health Care: The group, backed by private equity group Cerberus Capital Management, filed for Chapter 11 ...
Daily Times on MSN18d
Prospect announces plan to sell Crozer Health to consortium [updating]
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 ...
Hosted on MSN18d
Prospect says Crozer Health sale advances, but governor’s office and attorney general did not confirm
Bankrupt Prospect Medical Holdings announced Friday ... that the state attorney general had agreed to a settlement with Samuel Lee and David Topper, two top Prospect executives who collected ...
Daily Times on MSN16d
Delaware County working on contingencies in event Crozer Health can’t maintain services
Delaware County is working to make sure residents have access to health care services for whatever occurs with the Crozer Health system. Delaware County Council Chair Dr. Monica Taylor told EMS ...