Judge OKs 'Unorthodox' Deal To Fund Pa. Hospitals In Ch. 11

By Clara Geoghegan · February 6, 2025, 8:16 PM EST

Bankrupt hospital operator Prospect Medical has agreed to put its four Philadelphia-area hospitals under receivership for the next 30 days while it hammers out a sale as part of a funding...

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Case Information

Case Title

Prospect Medical Holdings, Inc.

Case Number

8:25-bk-80002

Court

Texas Northern

Nature of Suit

Date Filed

January 11, 2025