Prospect Medical Holdings

Prospect Medical Holdings owns facilities in California, Pennsylvania, Rhode Island, and Connecticut. From 2010 to 2021, private equity firm Leonard Green & Partners controlled a majority stake in Prospect Medical. In January 2025 Prospect filed for bankruptcy and Chapter 11 protections. Prospect Medical has been one focus of an ongoing CBS News investigation revealing how private equity investors have siphoned hundreds of millions of dollars from community hospitals with devastating public health consequences.