Prospect Medical Holdings' road to bankruptcy has eerie similarities to that of Steward Health, another multistate hospital chain formerly owned by private equity. The parallels — down to the way both ...
Alternet on MSN1h
Shocking revelation: Hospital chain owes more than $1B — without enough cash to make payrollProspect Medical Holdings’ dire financial straits were well-documented, even before the owner of Roger Williams Medical ...
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 ...
While much of the news about Roger Williams Hospital’s parent company has been about bankruptcy, deficits, and allegations of ...
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 ...
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 ...
DELCO.Today on MSN8h
Crozer Health Could See a New Operator Or Closed Hospitals by Next WeekA Prospect Medical Holdings attorney is reporting that a new operator for Crozer Health chosen by the Pennsylvania attorney ...
Lawmakers say they want to help Connecticut’s struggling hospitals this upcoming session – something that was a priority even ...
Three Biden administration agencies released a joint report Wednesday highlighting a rise in consolidation and private equity ...
Medical Properties Trust has performed poorly due to its sale leaseback model and tenant bankruptcies. Check out my analysis ...
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