Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...

Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.

Several hospitals and one health systems has already filed for bankruptcy in 2025. Despite hospital operating margins gradually improving, headwinds persist.

Prospect Medical Holdings has struggled under piles of debt and rising expenses, leading it to file for Chapter 11 bankruptcy ...

Facing bankruptcy, Prospect, a California-based health care company, has amended its agreement to sell CharterCARE to The ...

Prospect Medical Holdings announced Friday it intends to sell Crozer Health, Delaware County’s four-hospital system, to a ...

State regulators approved a deal to sell the hospitals months ago. However, Prospect said in court filings it couldn’t afford ...

The owner of Roger Williams Medical Center and Our Lady of Fatima Hospital is forging ahead with the planned sale of its ...

A Feb. 12 hearing in U.S. Bankruptcy Court in Texas could determine whether the Centurion Foundation can proceed with its ...

The for-profit, which filed for Chapter 11 in January, shared an amended asset purchase agreement for its CharterCARE Health ...

Prospect Medical Holdings, Inc. ("Prospect Holdings" or the "Company") today announced that it has entered into an amended and restated asset purchase agreement (the "APA") to sell CharterCARE Health ...

Prospect Medical Holdings revealed its intention to sell Crozer Health to a nonprofit group of healthcare operators, consisting of unnamed parties. The health system, which filed for Chapter 11 ...