Connecticut expects to have a full seat at the table in ensuring the transition of Prospect Medical Holdings’ three local ...

A federal bankruptcy judge has allowed Prospect Medical Holdings’ sale of two Rhode Island hospitals to keep moving forward, ...

The bankruptcy court’s approval of this sale provides reason for cautious optimism,” said Rhode Island Attorney General Peter ...

Attorney General Peter Neronha announced an update in the sale of Roger Williams Medical Center and Our Lady of Fatima ...

Connecticut Attorney General pushes for accountability in Prospect Medical Holdings' bankruptcy, citing broken promises and harm to patients and state.

Here is a breakdown of these three major healthcare private equity bankruptcies: 1. Steward Health Care: The group, backed by private equity group Cerberus Capital Management, filed for Chapter 11 ...

The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.

Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.

Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...

Several hospitals and one health systems has already filed for bankruptcy in 2025. Despite hospital operating margins gradually improving, headwinds persist.

FTI Consulting is poised to take over as the temporary manager of Crozer Health pending court approval in the Prospect ...