A Connecticut hospital owned by Prospect Medical Holdings is in debt by tens of millions to vendors, potentially endangering its sale to Yale New Haven Health, as informed by Griffin Hospital’s CEO, Patrick Charmel, to Governor Ned Lamont. Prospect’s three hospitals recently experienced a cyberattack, exacerbating their challenges. Although Prospect claims to provide funds to Connecticut-owned hospitals, substantial debts remain. Charmel emphasizes the urgency for Yale’s acquisition to stabilize the hospitals. Additionally, Prospect Medical has a history of financial challenges, with ongoing lawsuits related to tax assessments and payment disputes.
‘Breaking a Promise’: California Deficit Could Halt Raises for Disability Workers
California Governor Gavin Newsom’s proposal to delay a scheduled pay raise for 150,000 disability care workers has caused unrest among families and advocates. Citing the
