Prospect Medical Holdings' 3 CT hospitals are expected to tap into their own funds to finance their operations during the ...

Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy ...

For the fifth consecutive year, more companies filed for bankruptcy in Texas last year than any other state in the U.S. But ...

The state will be monitoring the situation closely and intends to participate in court proceedings to the extent necessary to ...

The bankruptcy filing comes as the prospect of a state takeover of the struggling Delaware County health system looms.

Prospect is the second large health system with a history of private equity ownership to declare bankruptcy in the past year.

Prospect Medical Holdings, the parent company who owns Fatima and Roger Williams hospitals under the banner CharterCARE, has ...

The filing shows Prospect had more than 100,000 creditors and between $1 billion and $10 billion in liabilities.

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 ...

For overseas debtors looking to file for bankruptcy in the U.S., “basically a dollar is enough” to show a business presence.

A Department of Justice watchdog on Tuesday challenged a popular Texas bankruptcy court's practice of approving broad legal ...