Palms-based private hospital operator Prospect Medical Holdings Inc., which operates 16 hospitals in four states, filed for ...

In an online announcement, the for-profit company stressed that the voluntary Chapter 11 proceedings “does not mean that Prospect Holdings is going out of business.” The company also plans to ...

Rather, Prospect Holdings is utilizing the chapter 11 process to facilitate its organizational realignment as expeditiously as possible.” Patient care is expected to continue normally through ...

Prospect Medical Holdings, the owner of three struggling Connecticut hospitals in Waterbury, Manchester, and Vernon, has announced that it filed for voluntary Chapter 11 bankruptcy reorganization.

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' 3 CT hospitals are expected to tap into their own funds to finance their operations during the ...

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 has filed for Chapter 11 bankruptcy and it could affect multiple hospitals in Connecticut. According to Governor Ned Lamont, despite the filing, the three hospitals ...

The bill, which would allow for the appointment of a receiver at financially distressed CT hospitals, was prompted by the ...

Bankrupt hospital chain Prospect Medical Holdings Inc. won court permission to start drawing from its $100 million Chapter 11 ...

WATERBURY – City and state leaders remain uncertain what the implications of Prospect Medical Holding’s decision to file for Chapter 11 bankruptcy mean for the sale of the California-based ...