Prospect Medical Holdings Inc. gained court approval of its bankruptcy exit plan after a contentious fight between the private hospital owner and its creditors.

A federal bankruptcy court judge has estimated the claims for WARN Act violations related to the Crozer Health closures to be $1.5 million even as plaintiffs in the case were seeking in excess of $21 ...

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 ...

Attorney General Peter Neronha will cover the hospitals’ losses through January – which he expects will be $5 to $6 million – ...

Prime’s exit leaves The Centurion Foundation as the sole remaining suitor. But Centurion has been unable to attract investors, and is expected back in US Bankruptcy Court on Friday.

Connecticut's second-largest health system was named the successful bidder in an auction to acquire Manchester Memorial and Rockville General, two Connecticut hospitals owned by bankrupt hospital ...

Prospect Medical Holdings is expected to petition a bankruptcy court to let it abandon its last two hospitals. Prospect is now seeking to abandon Crozer Chester Medical Center and Springfield Hospital ...

UConn Health, Connecticut's flagship academic medical institution, bid $13 million to purchase Waterbury Hospital from Prospect Medical Holdings, the California-based operator that filed for ...

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 ...