Pandemic, Senate Probe Push Prospect Medical Into Ch. 11

By Yun Park · January 29, 2025, 4:35 PM EST

The lingering effects of the COVID-19 pandemic, inflation, reimbursement limitations, shifting patient demographics and a cyberattack — along with a recent U.S. Senate investigation into private equity investment in healthcare —...

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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