Prospect Medical Holdings has filed for bankruptcy and plans to restructure, maintaining patient services during the process.

Those payments will steadily escalate over the next two years, reaching their fully stabilized rate at the end of 2026 (about 95% of Steward's lease rate). That growing income stream could enable Medical Properties Trust to rebuild its dividend following two deep cuts in recent years.

Prospect Medical Holdings - which also owns 166 clinics across California, Connecticut, Pennsylvania and Rhode Island, and employs 12,600 people - filed for Chapter 11 protection in Texas on Saturday.

The department's chief said a background check was done, but apparently the incident didn't show on the report.

The move by Prospect Medical Holdings was long expected. Its local hospitals, including Crozer-Chester Medical Center in Upland and Taylor Hospital in Ridley Park, are expected to continue operating.

Zandstra was charged in the summer of 2023 with kidnapping and killing Gretchen Harrington, who disappeared in 1975 while walking alone to a Bible camp at a chapel where Zandstra was a pastor. Her body was found two months later by a jogger in Ridley Creek State Park in Media, Pennsylvania.

Online lenders tied to Native American tribes argue that they aren’t subject to state lending laws, but they backed away from operating in six states where attorneys have acted forcefully to protect consumers.

Prospect is the second large health system with a history of private equity ownership to declare bankruptcy in the past year.

Prospect Medical Group, which owns 16 U.S. hospitals, filed for bankruptcy protection in Texas on Saturday, seeking to sell East Coast hospitals and re-focus on its California operations.

Donald Trump has arrived in Washington to celebrate with family, supporters and political allies ahead of his second inauguration.

The FanDuel promo code offer of play $1, get $100 in casino credits isn’t available in Connecticut because its partner, Mohegan Sun, operates the online casino in the state. The FanDuel Casino new user promo via Mohegan Sun is a 100% deposit match up to $500.

The NWS has issued storm and extreme cold warnings this weekend as powerful Arctic winds plunge temperatures nationwide.