Prospect Medical Holdings filed for bankruptcy amid ongoing complications over the sale of its three CT hospitals to Yale New ...
Prospect Medical Holdings has filed for bankruptcy and plans to restructure, maintaining patient services during the process.
Prospect Medical Holdings - which also owns 166 clinics across California, Connecticut, Pennsylvania and Rhode Island, and employs 12,600 people - filed for Chapter 11 protection in Texas on Saturday.
The move by the Los Angeles company was long expected, as it struggled to sell its money-losing East Coast hospitals in ...
Bankruptcy throws into question sale of hospitals to Yale New Haven Health. Prospect also owes $67 million in state taxes.