Prospect Medical Holdings files for bankruptcy, casting uncertainty over its Connecticut hospitals
On Jan. 11, Prospect Medical Holdings, the owner of three hospitals in Connecticut, filed for Chapter 11 bankruptcy. Prospect’s filing listed debts of more than $400 million. The company hopes the bankruptcy process will allow it to expedite the sale of hospitals outside its home state, California, while stabilizing its financial footing.
State officials reassure residents about continued care at the Prospect Medical Holdings’ Connecticut hospitals and announce ...
The California hospital chain went bust four years after Leonard Green & Partners took its profits and walked away.
Prospect Medical Holdings -- a company that was named in a recent Senate report on the negative impacts of private equity on ...
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