U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.

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

Bankrupt health system Prospect Medical Holdings Inc. won court approval to hand operations of its Pennsylvania hospitals to ...

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

Gov. Josh Shapiro has said the state could be providing $10 million of state funding for a receiver to be put in place, if a court were to approve an agreement between Prospect Medical Holdings Inc.

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

Pennsylvania officials have been trying for at least a year to save Crozer Health, a vital provider of health-care services ...

Rockville General Hospital is one of three hospitals in Connecticut owned by Prospect Medical Holdings. Credit: Shahrzad Rasekh / CT Mirror This story is part of CT Mirror Explains, an ongoing ...

There was another hit on Medical Properties Trust, Inc. (NYSE:MPW) investors this week. This time, it's from Prospect Medical, as it declared Chapter 11 bankruptcy, attempting to buy more time to ...

MPW announced restructuring efforts with Prospect Medical Holdings, a troubled hotel operator. As discussed during MPT’s third quarter 2024 earnings, while Prospect’s California facilities ...

(Bloomberg) -- 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 ...

LOS ANGELES--(BUSINESS WIRE)--Prospect Medical Holdings, Inc. (“Prospect Holdings” or the “Company”) today announced that it has received approvals from the United States Bankruptcy Court ...