Prospect Medical’s cash crisis forces surgery delays in Rhode Island
PROVIDENCE — Bankrupt Prospect Medical Holdings did not pay vendors to provide basic medical supplies, and its hospital ...
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A second hospital chain bankruptcy draws more private equity scrutiny
Prospect Medical Holdings' road to bankruptcy has eerie similarities to that of Steward Health, another multistate hospital ...
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Investigation shows how private equity firms have “infected” US healthcare system, says senator
Private equity’s ownership of US hospitals has led to patient suffering, understaffing, reduced care quality, and health and safety violations, while investors have earned millions, a year long Senate ...