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 bankruptcy filing and what Rhode Islanders can expect in the coming weeks and months.
Prospect files for bankruptcy, leaving its hospitals in R.I. and Conn. in limbo
The filing shows Prospect had more than 100,000 creditors and between $1 billion and $10 billion in liabilities.
Prospect Medical Holdings, hospital network with 182 clinics nationwide, files for bankruptcy
Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy filing.
Prospect Medical files for bankruptcy. Here's what it means for its two RI hospitals.
In a statement, the company said specifically it was looking to expedite the sales of Roger Williams and Our Lady of Fatima medical centers.
What you should know about Prospect Medical Holdings’ bankruptcy filing
The company has two hospitals in Rhode Island caring for thousands of the state’s most vulnerable patients. Here are answers to questions from patients and observers about how to navigate the bankruptcy.
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 Prospect Medical Holdings' descent.
Prospect Medical Holdings Files for Chapter 11, Intends to Sell Pennsylvania, Connecticut, and Rhode Island Hospitals
Prospect Medical Holdings has filed for bankruptcy and plans to restructure, maintaining patient services during the process.
Prospect Medical Holdings files for bankruptcy after owners took hundreds of millions in payouts
In an initial filing seeking Chapter 11 protections, Prospect Medical Holdings, which owns facilities in California, Pennsylvania, Rhode Island, and Connecticut, listed debts of more than $400 million. In a press release announcing its restructuring, the company said it would continue to operate as normal.
Hospital Operator Prospect Medical Files for Bankruptcy
Prospect Medical Holdings bankruptcy filing follows clashes with state regulators over hospital conditions.
Healthcare giant with 182 hospital files for bankruptcy across US
A healthcare giant that owns 16 hospitals in four states has filed for bankruptcy.
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Healthcare Giant Announces $400M Debt And Subsequent Bankruptcy, Plans To Sell 50% Of Locations
Healthcare powerhouse, Prospect Medical, declares bankruptcy after a whopping $400 million debt. As they tend to shut half of ...
CT officials vow 3 hospitals in bankruptcy won’t close
State officials offered assurances to residents and employees Monday that three Connecticut hospitals owned by Prospect ...
Prospect declares bankruptcy, says sale of Roger Williams and Fatima hospitals will continue
The owner of two Roger Williams Medical Center and Our Lady of Fatima Hospital has declared bankruptcy but maintains the move ...
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 ...
Crafts retailer Joann files second bankruptcy in a year
Joann has 20 locations in Massachusetts, according to its website, as well 27 outposts across New Hampshire, Vermont, ...