Palms-based private hospital operator Prospect Medical Holdings Inc., which operates 16 hospitals in four states, filed for ...
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The lawsuit accused Prospect Medical Holdings, Inc. of mismanaging and neglecting the Crozer Health System, resulting in ...
Waterbury and Rockville General hospitals — all of which suffered a debilitating cyberattack in August 2023 — as well as facilities in Rhode Island, Pennsylvania and California. Bankruptcy ...
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 ...
The filing shows Prospect had more than 100,000 creditors and between $1 billion and $10 billion in liabilities.