Amid bankruptcy, Prospect's 3 CT hospitals to stay open and safe, state officials vow
Waterbury, Manchester Memorial and Rockville General hospitals remain open and will get extra state monitoring, officials promise in wake of bankruptcy filing.
CT officials vow Prospect hospitals won’t close, despite bankruptcy
It’s unclear what bankruptcy could mean for the pending sale of Prospect hospitals to YNHH, but CT officials said they’ll remain operational.
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.
Prospect Medical Holdings bankruptcy: What you need to know
Prospect Medical Holdings, a company that owns three hospitals in Connecticut, filed for Chapter 11 bankruptcy protection.
Prospect Medical Holdings files for bankruptcy protection
Bankruptcy throws into question sale of hospitals to Yale New Haven Health. Prospect also owes $67 million in state taxes.
Prospect Medical Holdings, hospital network with 182 clinics nationwide, files for bankruptcy
Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy filing.
Prospect Medical Holdings – Owner Of 3 Connecticut Hospitals – Files For Bankruptcy
The owner of three Connecticut hospitals with financial difficulties has filed for Chapter 11 bankruptcy and state officials say they are watching the matter closely to protect patient care and safety.
Prospect Medical Holdings files for bankruptcy after owners took hundreds of millions in payouts
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 million. In a press release announcing its restructuring, the company said it would continue to operate as normal.
Prospect Medical, owner of private hospitals in Southern California, files for bankruptcy
The company has appointed Sidley Austin LLP as general bankruptcy attorney, Alvarez & Marsal as financial adviser, and Houlihan Lokey Inc. as investment banker, according to the court document. The case is Prospect Medical Holdings, Inc., 25-80002, in the U.S. Bankruptcy Court Northern District of Texas.
What you should know about Prospect Medical Holdings’ bankruptcy filing
The company has two hospitals in Rhode Island caring for thousands of the state’s most vulnerable patients. Here are answers to questions from patients and observers about how to navigate the bankruptcy.
Hospital operator Prospect Medical files for bankruptcy
Prospect Medical Group, which owns 16 U.S. hospitals, filed for bankruptcy protection in Texas on Saturday, seeking to sell East Coast hospitals and re-focus on its California operations.
Connecticut lawmakers promise help as hospitals struggle
Lawmakers say they want to help Connecticut’s struggling hospitals this upcoming session – something that was a priority even ...
Conn. officials respond to threat of Prospect Medical Holdings bankruptcy
Connecticut Mirror is a content partner of States Newsroom. Read the original version here. Prospect Medical Holdings, the ...