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 Mirror29d
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 ...
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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 ...
Becker's ASC14d
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 ...
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Prospect announces plan to sell Crozer Health to consortium [updating]
Prospect Medical Holdings Inc. announced Friday that ... It also said Prospect, the state attorney general, Samuel Lee and David Topper reached an agreement regarding the litigation.
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Delaware County working on contingencies in event Crozer Health can’t maintain services
Earlier this month, Prospect Medical Holdings announced it was filing ... and Partners and Prospect co-Chief Executive Officers Samuel Lee and David Topper or “years of mismanagement, corporate ...