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Prospect Medical Holdings Incorporated : News & Locations
Prospect Medical Group is an independent physician association (IPA) supporting CA, CT, NJ, PA, and RI residents. Discover more about us and our mission!
Prospect Medical Holdings files for bankruptcy after owners took ...
Jan 12, 2025 · 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...
Prospect Medical Holdings - Wikipedia
Prospect Medical Holdings is a private healthcare company based in Los Angeles, California which operates 16 hospitals in the United States, mainly in California and the Northeastern United States. [1][2][3] Prospect was founded in 1996 by a group of physicians in California.
Prospect Medical Holdings, Inc.: Home
On January 11, 2025, Prospect Medical Holdings, Inc. and certain of its subsidiaries (collectively, “Prospect Holdings”) initiated voluntary chapter 11 proceedings in the United States Bankruptcy Court for the Northern District of Texas (the “Bankruptcy Court”).
Prospect Medical bankruptcy: What to know about effects in CT
Jan 20, 2025 · Prospect Medical Holdings, the owner of three Connecticut hospitals, filed for bankruptcy on Jan. 11 amid ongoing complications related to the sale of the hospitals to Yale New Haven Health.
Connecticut Files Statement of Interest in Prospect Medical Holdings ...
Press Releases. 02/11/2025 . Connecticut Files Statement of Interest in Prospect Medical Holdings Bankruptcy (Hartford, CT) – In a statement of interest filed this week in the ongoing bankruptcy proceeding for Prospect Medical Holdings, the State of Connecticut outlined the most detailed claims to date regarding Prospect’s harm to the state, making it clear that Connecticut expects to have ...
Prospect Medical Holdings files for bankruptcy - New York Post
Jan 14, 2025 · Prospect Medical Holdings, the Los Angeles-based healthcare company, sought bankruptcy protection after its previous owner extracted hundreds of millions of dollars in dividends and...
Prospect Medical Holdings, Inc. Receives Court Approval of "First …
The Bankruptcy Court granted Prospect Holdings interim approval to access new money term loans in an aggregate principal amount of up to $100 million, of which $29 million is available...
Bankrupt Prospect Medical unveils deals for RI, PA systems
Feb 3, 2025 · “While Prospect Medical Holdings paid out $645 million in dividends and preferred stock redemption to its investors—$424 million of which went to Leonard Green shareholders—it took out ...
Federal judge signs agreement to place Crozer Health in …
5 days ago · Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy last month.