The health system's financial unraveling has similarities to the much-maligned collapse by Steward Health Care. The spotlight on private equity ownership in healthcare is burning even brighter after ...
Prospect Medical Holdings, Inc. ("Prospect Holdings" or the "Company") today announced that it has received approvals from the United States Bankruptcy Court for the Northern District of Texas (the ...
Bankrupt Prospect Medical Holdings did not pay vendors to provide basic medical supplies, and its hospital leaders in Rhode Island on Tuesday morning were forced to delay surgeries. Prospect, a ...
A $29 million loan will ensure operations continue at Our Lady of Fatima Hospital and Roger Williams Medical Center, and that 2,500 hospital employees get paid for the next 30 days. It’s a DIP loan ...
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