Hosted on MSN
Bankrupt Prospect Medical received bids of $10 million for Crozer-Chester Medical Center and $3 million for Springfield Hospital
The winning bids at a bankruptcy auction were $10 million for Crozer-Chester Medical Center and $3 million for Springfield Hospital, owner Prospect Medical Holdings Inc. said in a court filing late ...
Owner files to close Roger Williams, Fatima hospitals or give them to RI; AG pledges to fight
Prospect filed for bankruptcy in January and has been selling or closing its other hospitals around the country over the ...
Hosted on MSN
Crozer-Chester Medical Center and Springfield Hospital would be ‘abandoned’ under Prospect Medical bankruptcy motion
Prospect Medical Holdings Inc. said in an emergency bankruptcy motion Friday evening that it wants to “abandon” Delaware County’s Crozer-Chester Medical Center and Springfield Hospital unless local ...
Law
Yale Agrees to Pay $45 Million to Resolve Disputes with Prospect Medical Holdings
"Following years of negotiation and litigation, Yale New Haven Health signed a settlement agreement with Prospect," Dana Marnane, spokesperson for Yale New Haven Health, said. "This settlement will ...
The Connecticut Mirror
Prospect Medical Holdings owes CT $127 million in taxes, records show
CT Mirror’s independent, nonprofit journalism depends on reader support. Prospect Medical Holdings owes the state more than $127 million in unpaid hospital provider taxes going back more than three ...
The News-Times
Prospect Medical debts approach $500 million among CT creditors large and small, records show
Prospect Medical Holdings' debt in Connecticut alone is nearing half a billion dollars, and the hospital operator spent this week deluged by creditors' new court filings as its bankruptcy case winds ...
The Connecticut Mirror
CT and Prospect Medical Holdings landlord clash over tax debt
CT Mirror’s independent, nonprofit journalism depends on reader support. Create more of it with a tax-deductible donation today. Medical Properties Trust — a real-estate investment company that owns ...
Fierce Healthcare
Bankrupt Prospect accepts Hartford HealthCare's $86.1M bid for 2 Conn. hospitals
Hartford HealthCare’s $86.1 million bid for two Prospect Medical Holdings hospitals has been accepted by the bankrupt for-profit system. The deal for Manchester Memorial and Rockville General, both in ...
Hartford Courant
Yale New Haven to pay $45M after failed hospital purchase deal
Yale New Haven Health has agreed to pay Prospect Medical Holdings $45 million to settle the dispute between the two entities over the sale of Waterbury, Rockville General and Manchester Hospitals, ...
Hartford Courant
CT and Prospect Medical Holdings landlord clash over tax debt
Medical Properties Trust — a real-estate investment company that owns the land and buildings occupied by bankrupt hospital operator Prospect Medical Holdings — is at odds with Connecticut officials ...
Hartford Business
Prospect Medical Holdings owes CT $127 million in taxes, records show
Prospect Medical Holdings owes the state more than $127 million in unpaid hospital provider taxes going back more than three years, according to documents obtained by The Connecticut Mirror. Prospect ...