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

A major hospital chain owner which operates specialty hospitals in the Midwest and South has filed for Chapter 11 bankruptcy.

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

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

Below are hospitals, health systems and healthcare organizations that Becker's has reported as seeking or exiting bankruptcy protection in 2025.

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.

The hospital sector had only five bankruptcy filings in 2024, down from 12 in 2023, but the Stewart Health Care System filing ...

Because they are eroding all the resources, the quality of care is being impacted and every day we are not getting a real buyer, we are losing ground,” he said.

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

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 ...