Alhambra, Calif.-based Astrana Health acquired Los Angeles-based Prospect Health System on July 1 for $708 million. Astrana, formerly known as Apollo Medical Holdings, entered into a $745 million ...

Astrana Health (formerly Apollo Medical Holdings) has closed its deal to acquire the assets of Prospect Health, which include ...

"It is out of our control at this point. There is nothing we can do to get those taxes until the bankruptcy court resolves this,” the mayor said.

National health expenditures will increase 5.8% a year on average from 2024 to 2033, at which point $8.6 trillion will be spent on health care, Modern Healthcare reports. More news is on: layoffs at ...

The layoffs will impact employees of Prospect’s management services organization, according to notices filed with state ...

After Prospect Medical Holdings, the formerly private equity-backed owner of three Connecticut hospitals, declared bankruptcy ...

An executive at the bankrupt owner of Waterbury, Manchester Memorial and Rockville General hospitals is pushing back on an ...

On Wednesday, May 28, health provider Prospect Medical Holdings announced that non-profit healthcare provider ChristianaCare will purchase several remaining Crozer Health-affiliated facilities in ...

Spokespeople with Prospect Medical Holdings and Eastern Connecticut Health Network, which owns Rockville General and Manchester Memorial, did not respond to a request for comment.

In a letter sent to employees on Monday, Prospect Medical Holdings announced that Crozer Health was ceasing operations and they would be laying off about 2,651 workers.

This is a summary of a request from the Official Committee of Unsecured Creditors of Prospect Medical Holdings to hire Brinkman Law Group as efficiency counsel, filed March 24 with the U.S ...

Prospect Medical Holdings filed for bankruptcy on Jan. 11. The for-profit company had been sued by the Pennsylvania attorney general in October, alleging financial mismanagement and negligence.