What Prospect’s bankruptcy filing means for Rhode Islanders
The Boston Globe Rhode Island's Alexa Gagosz joined Kim Kalunian on 12 News at 4 to discuss the implications of Prospect's ...
Parent company’s bankruptcy may allow CT hospitals to directly tap into locally generated funds
Prospect Medical Holdings' 3 CT hospitals are expected to tap into their own funds to finance their operations during the ...
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Shocking revelation: Hospital chain owes more than $1B — without enough cash to make payroll
Prospect Medical Holdings’ dire financial straits were well-documented, even before the owner of Roger Williams Medical ...
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Prospect Medical Holdings' Bankruptcy Is Latest Case of Private Equity Ownership Gone Wrong
The health system's financial unraveling has similarities to the much-maligned collapse by Steward Health Care. The spotlight on private equity ownership in healthcare is burning even brighter after ...
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One Man’s Story About Fighting Cancer at One of Rhode Island’s Bankrupt Hospitals
While much of the news about Roger Williams Hospital’s parent company has been about bankruptcy, deficits, and allegations of ...
Shocking revelation from Prospect: Only $3.4M cash on hand, not enough to make next payroll
Prospect Medical Holdings’ dire financial straits were well-documented, even before the owner of Roger Williams Medical ...
Healthcare Giant Announces $400M Debt And Subsequent Bankruptcy, Plans To Sell 50% Of Locations
Presently, this word has taken on a dire meaning, so when Prospect Medical Holdings announced bankruptcy, the whole internet ...
Crozer-Chester Medical Center’s bankruptcy fate could be known early next week
A new operator for Crozer Health could be picked as soon a next week, or the decision to close Crozer-Chester Medical Center ...
Key takeaways from McKee’s State of the State address
PROVIDENCE, R.I. (WPRI) — Gov. Dan McKee gave his annual State of the State address on Tuesday. In the speech, McKee focused on a variety of issues that his budget proposal, which will be revealed ...
R.I. braces for hospital fallout amid Prospect Medical Holding’s financial collapse
Officials say Roger Williams Medical Center and Our Lady of Fatima Hospital are operating, but the state’s health care system ...
Community Focus: Rhode Island Attorney General Peter Neronha
Rhode Island Attorney General Peter Neronha joined 12 News at 4 on Tuesday to discuss his hopes for the governor’s State of the State address and his office’s current priorities.
State lawmakers monitoring Prospect Medical Holdings bankruptcy declaration
The owner of three financially struggling Connecticut hospitals has filed for Chapter 11 bankruptcy. Prospect Medical ...