Prospect Medical, owner of 3 CT hospitals, files for bankruptcy
3 days ago · This story was updated at 1 p.m. with a statement from Yale New Haven Health. Prospect Medical Holdings, the owner of three struggling Connecticut hospitals in Waterbury, Manchester and Vernon ...
Prospect Medical Holdings, owner of 3 CT hospitals, files …
3 days ago · In order to pay back the $1.12 billion loan, Prospect sold the land and buildings it owned in Connecticut and other states to a subsidiary, Alabama-based Medical Properties Trust, and then leased back the properties it mortgaged. The medical group had tax liens of $36.4 million on Waterbury, nearly $30 million on Manchester and more than $8 million on Rockville General, according to the ...
Prospect Medical Holdings files for bankruptcy, casting …
2 days ago · On Jan. 11, Prospect Medical Holdings, the owner of three hospitals in Connecticut, filed for Chapter 11 bankruptcy. Prospect’s filing listed debts of more than $400 million. The company hopes the bankruptcy process will allow it to expedite the sale of hospitals outside its home state, California, while stabilizing its financial footing.
Parent company’s bankruptcy may allow CT ... - Connecticut Public
1 day ago · The Chapter 11 bankruptcy proceedings of private equity-funded Prospect Medical Holdings (PMH), the parent company of three Connecticut community hospitals, kicked off Tuesday in the U.S. Bankruptcy Court for the Northern District of Texas.. Deborah Weymouth, president and CEO of Manchester Memorial Hospital, Rockville General Hospital, and Waterbury Hospital, is expected to tap into the ...
Prospect Medical bankruptcy: CT officials vow hospitals won’t close
2 days ago · Deborah Weymouth, the CEO of three Connecticut hospitals owned by California-based Prospect Medical Holdings, addresses a crowd at the Connecticut State Capitol two days after the company filed ...
Prospect Medical Holdings, owner of 3 Connecticut hospitals, …
3 days ago · HARTFORD, Conn. (WTNH) — Prospect Medical Holdings, a Los Angeles-based medical company that owns three hospitals in Connecticut, has filed for bankruptcy. Prospect Holdings owns Waterbury Ho…
Prospect's 3 CT hospitals to stay open and safe, state officials vow
2 days ago · Connecticut Attorney General William Tong speaks during a press conference regarding the bankruptcy of Prospect Medical Holdings, at the State Capitol in Hartford, Conn., Monday, January 13, 2025.
As Prospect Medical Holdings files for bankruptcy, CT lawmakers …
3 days ago · Private equity-funded Prospect Medical Holdings in California, the owner of three financially troubled hospitals in Connecticut, filed for bankruptcy late Saturday night. The bankruptcy impacts Waterbury Hospital, Manchester …
Prospect Medical Holdings files for bankruptcy; CT leaders
3 days ago · CONNECTICUT, USA — Prospect Medical Holdings, Inc., which owns three Connecticut hospitals, announced Saturday night that it is filing for bankruptcy. In Connecticut, the Los Angeles-based ...
SENATOR ANWAR RELEASES STATEMENT ON PROSPECT MEDICAL HOLDINGS …
4 days ago · FOR IMMEDIATE RELEASE Contact: Joe O'Leary | [email protected] | 508-479-4969 SENATOR ANWAR RELEASES STATEMENT ON PROSPECT MEDICAL HOLDINGS DECLARING BANKRUPTCY Today, State Senator Saud Anwar (D-South Windsor), the Senate Chair of the Public Health Committee, released the following statement after Prospect Medical Holdings filed for bankruptcy: