Prospect Medical Group is an independent physician association (IPA) supporting CA, CT, NJ, PA, and RI residents. Discover more about us and our mission!

22 hours ago · Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy last month.

Jan 12, 2025 · 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 Holdings commenced the chapter 11 proceedings to continue to engage with key stakeholders on potential paths forward, effectuate the sales of certain hospital facilities in an expedited timeframe, and ensure that patients and their communities maintain uninterrupted access to the critical medical care they require.

2 days ago · Prospect Medical Holdings has struggled under piles of debt and rising expenses, leading it to file for Chapter 11 bankruptcy protection last month.

Prospect Medical Holdings is a private healthcare company based in Los Angeles, California which operates 16 hospitals in the United States, mainly in California and the Northeastern United States. [1][2][3] Prospect was founded in 1996 by a group of physicians in California.

4 days ago · Prospect Medical Holdings is pushing through its bankruptcy proceedings with new deals on its Rhode Island and Pennsylvania hospitals. Monday, the for-profit announced an amended and restated ...

Jan 20, 2025 · Prospect Medical Holdings, the owner of three Connecticut hospitals, filed for bankruptcy on Jan. 11 amid ongoing complications related to the sale of the hospitals to Yale …

Jan 14, 2025 · Prospect Medical Holdings, the Los Angeles-based healthcare company, sought bankruptcy protection after its previous owner extracted hundreds of millions of dollars in …

Jan 15, 2025 · The Bankruptcy Court granted Prospect Holdings interim approval to access new money term loans in an aggregate principal amount of up to $100 million, of which $29 million is available...