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

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.

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...

On January 11, 2025, Prospect Medical Holdings, Inc. and certain of its subsidiaries (collectively, “Prospect Holdings”) initiated voluntary chapter 11 proceedings in the United States Bankruptcy Court for the Northern District of Texas (the “Bankruptcy Court”). The cases are being jointly administered under Case No. 25-80002 by the ...

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 New Haven Health.

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 dividends and...

Jan 13, 2025 · (Bloomberg) -- Prospect Medical Holdings Inc., once an active buyer of cash-strapped hospitals, filed for bankruptcy after struggling with debt piles and soaring costs.

Jan 12, 2025 · Prospect Medical Holdings, Inc., founded in 1998, currently owns 16 hospitals across four states including California, Connecticut, Pennsylvania, and Rhode Island.

4 days ago · “While Prospect Medical Holdings paid out $645 million in dividends and preferred stock redemption to its investors—$424 million of which went to Leonard Green shareholders—it took out ...

Prospect Medical Holdings' facilities help coordinate quality care for patients through integrated networks of primary and specialty physicians, in affiliation with hospitals, clinics, other community-based providers and health plans.