DAILY NEWS CLIP: January 15, 2025

Parent company’s bankruptcy may allow CT hospitals to directly tap into locally generated funds


Connecticut Public – Tuesday, January 14, 2025
By Sujata Srinivasan, Matt Dwyer

The Chapter 11 bankruptcy proceedings of private equity-funded Prospect Medical Holdings (PMH), the parent company of three Connecticut community hospitals, kicked off Tuesday in the U.S. Bankruptcy Court for the Northern District of Texas.

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