Prospect Medical
Hospitals & Physicians Clinics · California, United States · 5K - 10K Employees
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Overview
Headquarters
600 City Pkwy W Ste 1000, Orange, Califo...Phone Number
(800) 708-3230Website
www.prospectmedical.comRevenue
$1.2 BillionIndustry
ZI Rank: 3
Signal Type
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ZI Rank
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About Prospect Medical
Prospect Medical Holdings, Inc. is a healthcare company headquartered in Los Angeles, California, established in 1996. The company operates hospitals, clinics, and outpatient centers primarily in California, Connecticut, Pennsylvania, and Rhode Island, providing integrated healthcare services to over 600,000 enrolled members through networks of primary and specialty physicians. In January 2025, the company filed for Chapter 11 bankruptcy protection.Explore more
Prospect Medical Org Chart
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Company Profile Activity
Activity Insights
Prospect Medical is experiencing very low activity levels compared to other companies in the Hospitals & Physicians Clinics sector.
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Prospect Medical is drawing exceptional interest within the Hospitals & Physicians Clinics industry, suggesting notable developments or strong market momentum, learn more about Prospect Medical.
Prospect Medical Tech Stack
A closer look at the technologies used by Prospect Medical
Most Recent Scoops
Pain Point
Project
A front-line source in Employee Experience has indicated that the organization is planning to remediate challenges related to leadership development. Prospect Medical will be increasing investments within the next six months.
Pain Point, Spending/Investment, Financial Planning, Learning & Development, Employee Engagement, Employee Relations, Organizational Development
Project
A front-line source in Employee Experience has indicated that the organization has completed initiatives related to cloud-based human resources management systems (HRMS) within the last nine months.
Cloud, HRIS, Employee Engagement, Employee Relations, Enterprise Software, Software
Pain Point
Project
A front-line source in Employee Experience has indicated that the organization is planning to remediate challenges related to automated HR processes.
Pain Point, Automation, Employee Engagement, Employee Relations, HR Operations
Pain Point
Project
A front-line source in Employee Experience has indicated that the organization is planning to remediate challenges related to performance management. Prospect Medical is currently evaluating ADP Workforce Now. The organization will be increasing investments within the next six months.
Pain Point, Spending/Investment, Financial Planning, Employee Engagement, Employee Relations, Workforce Management, HR Operations, Organizational Development
Project
Request for Proposal (RFP), Training, Learning & Development, Employee Engagement, Employee Relations, Software, Learning Management Systems (LMS)
Prospect Medical News & Media
Prospect Medical Self-Insured But Had No Funds For Malpractice Lawsuits, Court Filings Show
The company pledged to pay directly for the legal defense of its facilities and doctors and to cover negotiated settlements, instead of paying premiums to a commercial insurer. Then they went bankrupt. When companies self-insure, there is no safety-net fund and very little oversight, which can lead to plaintiffs not getting paid.Prospect Medical Holdings Bankruptcy - CHCA District 1199, NUHHCE
Background:Prospect Medical Holdings, Inc., a private operator of 16 hospitals across four states (California, Connecticut, Pennsylvania, Rhode Island), filed for Chapter 11 bankruptcy on January 11, 2025. The filing in the U.S. Bankruptcy Court for the Northern District of Texas lists both assets and liabilities between $1 billion and $10 billion, with more than 100,000 creditors including employees, vendors, pensioners, and state governments.Crozer Health Owner Prospect Medical Holdings Files for Bankruptcy - DELCO.Today
Prospect Medical Holdings bankruptcy fled Saturday as the owner of Crozer Health seeks buyers for the Delaware County health system.
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Frequently Asked Questions Regarding Prospect Medical
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Prospect Medical Holdings, Inc. is a healthcare company headquartered in Los Angeles, California, established in 1996. The company operates hospitals, clinics, and outpatient centers primarily in California, Connecticut, Pennsylvania, and Rhode Island, providing integrated healthcare services to over 600,000 enrolled members through networks of pri... Read More
