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Prospect Medical Holdings Inc.

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Owner Of Health Network Sued For Cutting Services, Closing Facilities: PA AG Owner Of Health Network Sued For Cutting Services, Closing Facilities: PA AG
Owner Of Health Network Sued For Cutting Services, Closing Facilities: PA AG The company that owns a Delaware County health care network is being sued after its mismanagement resulted in cut services and closures of facilities, the Pennsylvania Attorney General's Office announced on Tuesday, Oct. 29. Prospect Medical Holdings Inc. is facing a lawsuit for its years of neglect of the Crozer Health System, according PA AG. The lawsuit claims that Prospect Medical broke a 2016 court-approved Asset Purchase Agreement by cutting services and closing facilities while diverting funds to its private shareholders and investors. This led to a civil complaint, filed on Tuesday…

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by Merriell Moyer