Prospect Medical Holdings files for bankruptcy

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 Faces Landlord Brawl, Cash Burn in Bankruptcy
Bankrupt hospital chain Prospect Medical Holdings Inc. won court permission to start drawing from its $100 million Chapter 11 financing despite a challenge from landlord Medical Properties Trust Inc.
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.
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 does not have the capacity to absorb their patients if they were forced to close.
Prospect Medical Holdings, hospital network with 182 clinics nationwide, files for bankruptcy
A healthcare company that owns and operates more than 182 hospitals and clinics nationwide filed for Chapter 11 bankruptcy protection in a Texas federal court on Saturday. Prospect Medical Holdings, the Los Angeles-based healthcare company,
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.
Prospect Medical Holdings files for Chapter 11 amid criticisms of prior PE ownership
Prospect Medical Holdings filed for bankruptcy protections late Saturday, a move the financially strapped health system said will streamline divestitures outside of its home state of California.
Prospect Medical, owner of private hospitals in Southern California, files for bankruptcy
The company has appointed Sidley Austin LLP as general bankruptcy attorney, Alvarez & Marsal as financial adviser, and Houlihan Lokey Inc. as investment banker, according to the court document. The case is Prospect Medical Holdings, Inc., 25-80002, in the U.S. Bankruptcy Court Northern District of Texas.
Prospect Medical Holdings roasted by state lawmakers, Delaware County officials in wake of bankruptcy filing
Will do what they can to keep level of care high, also will bring up legislation to block for-profit companies from ever again owning a health system in the state.
Prospect Medical Holdings, owner of Crozer Health, files for bankruptcy
Crozer Health, the hospital system in Delaware County, is expected to continue operating as Prospect looks to sell the asset and restructure.
Healthcare Dive1d
Prospect Medical Holdings files for bankruptcy
Prospect is the second large health system with a history of private equity ownership to declare bankruptcy in the past year.
Prospect Medical Holdings, Inc. Receives Court Approval of "First Day" Motions
Prospect Medical Holdings, Inc. ("Prospect Holdings" or the "Company") today announced that it has received approvals from the United States Bankruptcy Court for the Northern District of Texas (the ...
Prospect Medical’s cash crisis forces surgery delays in Rhode Island
PROVIDENCE — Bankrupt Prospect Medical Holdings did not pay vendors to provide basic medical supplies, and its hospital ...
Hospital Chain Prospect Approved to Draw Bankruptcy Loan Opposed by Landlord
Prospect Medical has secured enough financing to continue operating through the initial phase of its bankruptcy case despite ...
Yale Daily News1d
“This is about life and death”: Prospect hospitals will remain open, state officials promise
State officials reassure residents about continued care at the Prospect Medical Holdings’ Connecticut hospitals and announce ...
MedPage Today1d
Prospect Is Another Casualty of Private Equity in Healthcare, Experts Say
Prospect Medical Holdings -- a company that was named in a recent Senate report on the negative impacts of private equity on ...