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The longer this goes on with one delay after another, this heightens the anxiety of the staff,” a union organizer said.
Prospect says offers by outside parties to purchase the closed hospitals are far below the liabilities on the properties.
Prospect Medical Holdings' bankruptcy remains a key overhang for Medical Properties Trust. Read what investors need to ...
Lower patient numbers at Prospect hospitals come as it loses a bid to move its lawsuit against Yale New Haven Health.
The bankruptcies of Steward Health Care and Prospect Medical have left communities with gaps in healthcare and government ...
Attorneys for Prospect Medical Holdings have asked a judge if the company can "abandon" the properties that contain Taylor ...
A hearing is set for Monday after attorneys for Prospect Medical Holdings asked a bankruptcy court judge to allow the company ...
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 ...
Waterbury Hospital is one of three hospitals owned by Prospect Medical Holdings. Yale New Haven Health has moved to purchase the hospitals, but has asked for a lower purchase price and state funds ...
Prospect Medical has a troubled history. In 2018, the company took out a $1.12 billion loan and used the funds to pay its executives and shareholders a $457 million dividend, CBS News reported.
State officials were alerted that all three Prospect Medical hospitals were in Code Orange — the second-highest state of emergency — until further notice. The attack occurred at 4:30 a.m.
PROVIDENCE — Prospect Medical Holdings, a Los Angeles-based company has been underfunding two Rhode Island hospitals to the point where its impacting operations and canceling patient surgeries ...