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Medical Properties Trust to Sell Hospitals to Prospect Medical …

    https://www.globest.com/2022/10/07/medical-properties-trust-to-sell-hospitals-to-prospect-medical-holdings-for-457m/
    MPT purchased the Connecticut hospitals for approximately $457 million. That’s the amount that Prospect Medical Holdings will pay for the trio of hospitals. …

Roger Williams, Fatima hospitals could be sold as …

    https://www.wpri.com/news/roger-williams-fatima-hospitals-could-be-sold-as-prospect-scales-back/
    Prospect Medical Holdings, the for-profit owner of the two Rhode Island hospitals, announced Thursday it would sell three facilities in Connecticut to Yale New …

Scoop: Prospect Medical seeks multiple buyers - Axios

    https://www.axios.com/2021/12/16/scoop-prospect-medical-seeks-multiple-buyers
    Prospect Medical Holdings, after buying back Leonard Green & Partners' stake this summer, is seeking suitors for its West and East Coast assets, sources familiar …

Crozer Health put up for sale by Prospect Medical

    https://www.inquirer.com/business/health/crozer-keystone-for-sale-prospect-medical-delaware-county-20211021.html
    Prospect and Leonard Green sold the real estate occupied by the four Crozer hospitals in 2019 to Medical Properties Trust — a real estate investment firm that is now …

Prospect Medical Holdings Continues to Sell Off Its Hospitals, …

    https://pestakeholder.org/news/prospect-medical-holdings-continues-to-sell-off-its-hospitals-leaving-patient-care-in-question/
    Prospect Medical Holdings Continues to Sell Off Its Hospitals, Leaving Patient Care in Question. The Philadelphia Inquirer in February reported on Prospect …

Prospect Medical Holdings goes on hospital divestiture spree

    https://www.beckershospitalreview.com/hospital-transactions-and-valuation/prospect-medical-holdings-goes-on-hospital-divestiture-spree.html
    Prospect Medical Holdings announced Feb. 11 that it is selling Crozer Health, a four-hospital system based in Springfield, Pa., to Newark, Del.-based …

Investors Extracted $400 Million From a Hospital Chain …

    https://www.propublica.org/article/investors-extracted-400-million-from-a-hospital-chain-that-sometimes-couldnt-pay-for-medical-supplies-or-gas-for-ambulances
    Prospect CEO Sam Lee, who owns about 20% of the chain, made $128 million while expanding the company from five hospitals in California to 17 across the …

Rich Investors Stripped Millions From a Hospital Chain …

    https://www.propublica.org/article/rich-investors-stripped-millions-from-a-hospital-chain-and-want-to-leave-it-behind-a-tiny-state-stands-in-their-way
    Leonard Green, which owns about 60% of the hospital chain, announced plans in October 2019 to sell its stake to Prospect CEO Sam Lee and his longtime business …

Will local hospitals be for sale? | Business

    https://www.journalinquirer.com/business/will-local-hospitals-be-for-sale/article_48d5a8fc-6fe8-11ec-8b9d-ef48368da89f.html
    In 2019, Prospect sold the property of Manchester Memorial and Rockville General hospitals, along with properties in California and Pennsylvania, to Alabama …

Prospect Medical Holdings might not sell Crozer, Medical …

    https://www.inquirer.com/business/health/crozer-health-prospect-medical-medical-properties-trust-sale-20220804.html
    The real estate sale left Prospect’s hospitals on the hook for millions in annual rent payments under long-term leases that were effectively the same as debt, but …



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