Medical Properties Trust — a real-estate investment company that owns the land and buildings occupied by bankrupt hospital ...

Should the deal go through, it will mark the end of a tumultuous chapter for healthcare in Delaware County, which has sought ...

Two Berkshire Hathaway Inc. insurance affiliates objected to Prospect Medical Holdings Inc.'s bankruptcy exit plan, saying it ...

The $390 million in funding would cover the $13 million acquisition of Waterbury Hospital from Prospect Medical Holdings.

It is unclear when either deal will be finalized. If a sale falls through, Prospect Medical Holdings is allowed to abandon the property.

Connecticut has also considered forgiving Prospect Medical Holding’s tax liabilities, according to legislators ...

Turning around the ailing hospital would cost at least $420M over five years and be funded by UConn 2000 bonds.

Chariot Allaire Partners was the top bidder for Crozer-Chester Medical Center. A partnership between Restorative Health ...

The catastrophe could have been mitigated and maybe prevented if state regulators paid attention and asserted their authority ...

Labor unions are asking for more details on Prospect Medical Holdings Inc.'s proposed $10 million sale of a shuttered Pennsylvania hospital that would allow the private health-care provider to avoid ...

Los Angeles-based Prospect Medical Holdings has identified the winning bids at a bankruptcy auction for two of its shuttered Pennsylvania hospitals, ...

U.S. Bankruptcy Judge Stacey Jernigan granted a motion Friday allowing Prospect Medical Holdings to abandon Crozer-Chester Medical Center and Springfield Hospital if a sale doesn't materialize.