Pennsylvania hospitals owned by Prospect Medical Holdings will need to be closed unless a funding deal can be made within the ...

Medical Properties Trust recorded a net loss of $415M in impairment charges and adjustments from Propspect Medical Holdings ...

The law firm Littler Mendelson P.C. will no longer defend Waterbury Hospital in its discrimination lawsuits amid Prospect ...

Crozer Health will remain open beyond Friday after receiving a last-minute cash infusion from the Foundation for Delaware ...

Prospect Medical Holdings Inc. has indicated that ... In January, Prospect filed for Chapter 11 bankruptcy for many of its properties outside of California, including the Crozer Health system.

Prospect, which sought Chapter 11 protection in January, has been working to offload 10 of its 16 hospitals.The for-profit system closed two Crozer hospitals, Springfield Hospital and Delaware County ...

Prospect Medical Holdings Inc. might close two hospitals in Delaware County in the coming weeks. The corporation will ...

The hospital operator cited years of financial challenges, including high labor expenses, rising pharmaceutical costs and low ...

This is a summary of a request from the Patient Care Ombudsman of Prospect Medical Holdings to hire Greenberg Traurig as counsel, filed Feb. 26 with the U.S. Bankruptcy Court in Dallas.

Prospect Medical Holdings filed for bankruptcy on Jan. 11. The for-profit company had been sued by the Pennsylvania attorney general in October, alleging financial mismanagement and negligence.

Prospect Medical Holdings plans to close two hospitals in Pennsylvania due to bankruptcy, risking 3,000 jobs and reduced access to care.