Several critical services at Prospect-owned Rockville General Hospital closed in March 2020 and have yet to reopen.
Prospect Medical Holdings
Posted inHealth
Deal to buy CT Prospect Medical hospitals ‘impossible,’ YNHH says
‘Divestment and mismanagement’ have made the acquisition of Prospect-owned hospitals ‘impossible,’ a Yale New Haven Health spokesperson said.
Posted inHealth
Lamont proposes legislation to rein in private equity in health care
The bill aims to ‘modernize’ state regulation of health care deals by broadening the Attorney General’s role in their review and approval.
Posted inHealth
Bill would allow receivership at financially distressed CT hospitals
The bill, which would allow for the appointment of a receiver at financially distressed Connecticut hospitals, was prompted by Prospect Medical Holdings’ recent bankruptcy filing.
Posted inHealth
CT officials vow Prospect hospitals won’t close, despite bankruptcy
It’s unclear what the bankruptcy means for the pending sale of Prospect hospitals to YNHH, but CT officials said they’ll remain operational.
Posted inHealth
Prospect Medical Holdings files for bankruptcy protection
The bankruptcy throws into question sale of hospitals to Yale New Haven Health. Prospect also owes $67 million in state taxes.
Posted inHealth
CT officials respond to threat of Prospect Medical Holdings bankruptcy
It’s unclear what bankruptcy could mean for Prospect’s long-delayed deal to sell three CT hospitals to Yale New Haven Health.
Posted inHealth
CT launches inquiry into cuts at Prospect-owned Rockville hospital
The state’s questions come a year after the CT Mirror reported unauthorized cuts at Prospect Medical Holdings’ Rockville General Hospital.
Posted inHealth
Prospect Medical Holdings-YNHH deal returns to Lamont’s office
Gov. Ned Lamont says he is providing ‘tough love’ to close the deal for Yale New Haven Health to take over three Prospect hospitals in CT.
Posted inHealth
Prospect Medical files countersuit against YNHH in hospital sale
Prospect Medical and Yale New Haven Health have each taken legal action against each other as they argue over the price of three CT hospitals.
Posted inHealth
Lamont meets with Prospect Medical, YNHH leaders to try for deal
Officials from Prospect Medical Holdings and Yale New Haven Health are expected to meet again tomorrow in an effort to close a purchase deal.
Posted inHealth
Prospect Medical sued by CT Hospital Association over unpaid fees
The lawsuit, which accuses Prospect Medical Holdings of not paying $1.75M in fees over two years, is the company’s latest legal issue.
Posted inHealth
Yale New Haven Health wants out of deal to buy Prospect hospitals
YNHH wants out of a deal to buy three CT hospitals from Prospect, citing deteriorating facilities and ‘irresponsible financial practices’
Posted inHealth
Fix or nix? CT’s ‘certificate of need’ law under scrutiny
CT legislators are considering at least four bills that would make varying degrees of changes to the process.
Posted inMoney
Few details about Prospect Medical’s $12 million tax cut
A tax break extended to Prospect Medical Holdings will be paid back, top CT officials said, though details were few.
