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Prospect Medical Holdings: owners, hospitals and bankruptcy

Prospect Medical Holdings: participants and roles

Owners, holding companies, subsidiaries, officers, lenders, landlords, buyers and parties to proceedings connected with Prospect Medical Holdings, with the period and source of each role.

published
16 oct 2026
records as of
15 oct 2026
entities
148
sources
105
cite entities.csv
Member of the board of managersIndependent director (special committee)Plaintiff for unpaid invoices (default entered February 27, 2024)Settlor and trusteeParent company (hospital-holding subsidiary)Parent company (hospital-holding subsidiary)Borrower under $90 million revolving credit facilityGuarantor under continuing guaranty in favour of Royal Bank of CanadaGranted deeds of trust over hospitals to secure the acquisition financingGuarantor under continuing guaranty in favour of Royal Bank of CanadaGranted deeds of trust over hospitals to secure the acquisition financingParty to PACE assessment contract (property-assessed financing)Borrower under $90 million revolving credit facilityGuarantor under continuing guaranty in favour of Royal Bank of CanadaAdviser (revenue-cycle engagement noted in 2024; financial adviser providing the chief restructuring officer from January 11, 2025)Acquired all equity (Foothill Regional Medical Center)Acquired all equityTrusteeFounderPresidentPartner (senior partner by 2026)Director (Leonard Green designee)Principal accountant (auditor)Provided new capital (with Centerbridge, $375 million) in the 2023 recapitalisationBorrower under credit agreementBorrower under reorganization-plan financing of up to $22.25 million secured by a mortgageMember of the board of managersIndependent director (special committee from October 2024; Transaction Committee member from January 2025)Holder of 15% residual interest (sold in the December 2020 settlement)Joint-venture owner (15%)Took over operation of Crozer-Chester Medical Center from (asset purchase)Provided new capital (with Blue Torch, $375 million) in the 2023 recapitalisationProposed $20 million of interim financing (MPT refused consent)Financed the acquisition with $101 million of private bonds raised throughPlanned to rely on CharterCARE's existing leadership led byPurchaser of PMH's Rhode Island hospitalsPlaintiff in breach-of-contract suit (about $1.7 million unpaid)Sole shareholder (parent company)Same principal office address (3415 South Sepulveda Blvd., Los Angeles)Indirect parent (through Ivy Holdings)Ultimate parent company (through Ivy Holdings and Ivy Intermediate Holding)Unsecured trade creditor ($94,513)Minority shareholder (27%) (+1)Plaintiff in suit naming Crockett as a co-defendantPlaintiff in minority-shareholder suit againstPlaintiff in minority-shareholder suit againstCaptive insurer of the debtors (risk ceded to reinsurers) (+1)Acquired Roger Williams Medical Center and Our Lady of Fatima Hospital from (new nonprofit owner)Plaintiff (with The Foundation for Delaware County) in suit to stop the conversion of Delaware County Memorial HospitalShareholder (1.5% after the merger)Member of the board of managersChief executive officerMember of the board of managersSenior vice president (signatory of the Astrana side letter)Senior vice president (acted for it as shareholder of Prospect Health Source)Senior executive; co-chief executive officer by December 2023 and chief executive in 2025 (+1)Sold Crozer-Chester Medical Center to ($10 million)Sold Crozer outpatient sites toSold Taylor Hospital toSold Delaware County Memorial Hospital toConnecticut parent companySole shareholder (100%)Managing partnerPlaintiff challenging termination of the hospital's Medicare provider agreementChief executive officer and authorised official (provider registry entry)President and chief operating officer; directorPresident and chief executive officerLender under the California hospitals' revolving credit line (repaid or assumed in the 2025 sale)Registered ownerListed affiliate operating its physician practicesListed affiliate providing home careParent company (acute-care hospital affiliate)Registered business address is PMH's address (3824 Hughes Ave., Culver City)Parent company (acute-care hospital affiliate)Seller under the ECHN asset purchase agreement (Rockville General and Manchester Memorial)Seller under the ECHN asset purchase agreement (Rockville General and Manchester Memorial)Seller under the ECHN asset purchase agreement (Rockville General and Manchester Memorial)Seller under the ECHN asset purchase agreement (Rockville General and Manchester Memorial)Seller under the ECHN asset purchase agreement (Rockville General and Manchester Memorial)Seller under the ECHN asset purchase agreement (Rockville General and Manchester Memorial)Member of the board of managersCo-general counselGeneral partnerGeneral partnerShareholder and co-founder (13.8% of common stock after the merger; 13.34% before the 2021 sale) (+2)Indirect controlling owner with the Fund V partnership (62% together) (+1)Shareholder and co-founder (46.0% of common stock after the merger; 44.48% before the 2021 sale) (+2)Indirect controlling owner with the Side V fund (62% together) and investor (+1)Counsel (signed the July 2023 stipulation)Purchaser's designated notice contactMinority shareholder and officer or directorCreditor appearing in CHIC's Chapter 15 caseLiquidating trust for the debtors' general unsecured creditors; successor to assigned estate causes of action (+1)Marketed the system with a confidential information memorandumInvestment bank engaged to find a buyer for the Rhode Island hospitalsMinority shareholder (1.6% after the merger)Chief financial officer (+1)Chief financial officer (member of the 401(k) plan committee)Parent company (NOR is a wholly owned subsidiary)Plaintiff (with five affiliated hospitals) in suit alleging diversion of fundsParty to merger agreement under which Chamber would become sole stockholderSole shareholder (parent company)Guarantor of the subsidiary's obligations to Leonard Green under the management services agreementIndirect parent (100%, through Ivy Intermediate Holding) (+1)Guarantor of the subsidiary's obligations to Leonard Green under the management services agreementSole shareholder (parent company)Debtor-in-possession lender ($100 million new-money commitment)Chief financial officerIssuer of letters of credit ($22.25 million and $5 million) funding the pension settlementInvestor ($3 million; exited in 2001 with $5.3 million borrowed by Alta)Shareholder (6.3%)Chief executive officer (+2)Oversaw Kline Hawkes' $3 million investment in Alta as its general partnerCo-defendants in the "Special Litigation" pending against Alta (indemnified by the sellers)Named as acquired party (ultimate parent) in the FTC early-termination notice for the sale to Mike SarianChairmanShareholder (66.67% approved in 2021; 50% reported in the 2024 application) (+1)Fellow member of the Schedule 13D reporting groupShareholder (20.2% after the 2010 merger; 19.51% before the 2021 transaction) (+1)Chief executive officerGeneral partnerChief executive officerChief executive officerChief executive officer (signed the management services agreement)Member of the board of managersProvided part of the January 2019 cash infusion (described as an emergency loan) (+1)Chairman and chief executive officer (+2)Co-defendant or co-party with PMH (2010 shareholder suits; 2019 California pharmacy accusation; 2021 pension settlement; 2024 pro se and Pennsylvania Attorney General suits; proposed 2025 settlement)Fellow member of the Schedule 13D reporting groupNamed as acquired party (ultimate parent) in the FTC early-termination notice for the sale to Mike SarianFellow member of the Schedule 13D reporting group (+1)Minority shareholder and officer or directorDirector (signed the July 2025 resolutions as the board)Director (signed the July 2025 resolutions as the board)Member of the board of managersDirector (signed the July 2025 resolutions as the board)DirectorPresidentChief executive officer (former)Director (signed the July 2025 resolutions as the board)Affiliated private equity firm (fund sponsor)Sponsor of the controlling shareholders (about 60% through its funds)Provided part of the January 2019 cash infusion (about $25 million, returned within a year) (+1)Controlling owner through its funds (about 60–62%; designated three of five directors) (+2)Chief executive officerAuthorised official (provider registry entry)Chief executive officerOne of two directors (+1)Medical directorSole director, chief executive officer, president and treasurer (+1)Vice presidentSole director (ProMed Entities)Buyer of Prospect Medical Group shares from (stock purchase agreement)Chief regional performance officer, East Coast hospital division (2019); chief operating officer (2025)Registered business address is PMH's address (3824 Hughes Ave., Culver City)Mortgagee consenting to the October 2025 hospital salesHolder of senior preferred units representing 49% (+1)Entitled to $355 million at closing of the Connecticut hospital purchase (per MPT)Sole memberListed among the 30 largest unsecured creditors in the debtor's petitionSole memberLandlord (owner of the hospital real estate)Vice President of HMO Contracting and Health Plan RelationsPlaintiff for unpaid anesthesia services (more than $3.2 million)Shareholder (6.6%)Sold East Orange General Hospital toJoint official liquidator (+1)Pledged CharterCARE assets and gave guarantees for PMH's May 23, 2023 loan (to be released before closing)Paid management fees within the group ($24.7 million of accrued fees forgiven in fiscal 2019) (+1)Parent company (100%)Parent company (100%)Joint official liquidator (+1)Managing member holding PMH's interest (85%; 100% after the December 2020 purchase of the residual 15%)Manager of the Rhode Island hospitals under a management services agreementPaid a $1 million annual management fee and a $4 million structuring fee under the management services agreementMajority shareholder (72% after April 2009; about 78.2% from February 2011) (+1)Guarantor under continuing guaranty in favour of Royal Bank of CanadaManagerIssuer of convertible promissory note (about $732 million) held byEquity holder (49%)Senior executive for integration and operations (senior vice president; corporate chief)Shareholder (55%)Sole shareholderSole shareholderGuarantor under continuing guaranty in favour of Royal Bank of CanadaSole shareholder (from the June 1, 2007 ProMed acquisition)Parent company (100%)Parent company (listed subsidiary)Parent company (indirect)Parent company (participating subsidiary in the 2019 real estate sale)Seller representative in the sale of the PhysicianCo business (about $745 million)Listed as a non-released party under the Chapter 11 planBorrower under $155 million acquisition financing (bank as agent); forbearance agreements in 2008Majority owner (about 33% from 2005; about 72% from April 2009 and 78% from November 2010, through Prospect Hospital Advisory Services)Joint-venture partner in Prospect CharterCARE (85/15, equal board appointments) (+1)Bought assets of the nonprofit system (2014 joint venture)Parent company (indirect)Its affiliated medical groups paid the Prasad Entities, including Chaparral (about $12–14 million a year)Indirect parent (registered owner is Prospect ECHN, Inc.)Acquired Delaware County Memorial Hospital and the Crozer-Keystone system assets fromListed as a non-released party under the Chapter 11 planParent company (subsidiary seller in the California sale)Parent company (indirect)Parent company (affiliated debtor)Parent company (indirect)Indirect parent (100%, through Prospect CT, Inc.)Plaintiff (New Jersey Superior Court, ESX-L-02160-23)Listed as a non-released party under the Chapter 11 planListed as a non-released party under the Chapter 11 planParent company (affiliated debtor)Listed as a non-released party under the Chapter 11 planParties to a confidentiality agreementCo-defendants in the 2010 Delaware shareholder class actions over the buyoutParty to tax sharing agreement (PMH may pay its parents consolidated-group taxes)Party to tax sharing agreement (PMH may pay its parents consolidated-group taxes)Borrower under undrawn three-year $15 million revolving credit facility (RBC as agent)Listed as a non-released party under the Chapter 11 planPaid dividends to (reported recipient; about $90 million of the 2018 dividend) (+1)Listed as a non-released party under the Chapter 11 plan (estate claims preserved and funded)Co-defendants (2010 Delaware shareholder suits; Rhode Island pension litigation; 2024 pro se suit; 2024 Pennsylvania Attorney General suit)Paid dividends to (reported recipient, with its funds and co-investors)Paid management and advisory fees (through Prospect Green Management) (+1)Indirect parentTenant (through subsidiaries) of hospital real estate sold to MPT in the 2019 sale-leaseback (+1)Borrower (2019 TRS loan; 2023 term loans with the lender as agent; 2026 exit financing)Seller (as seller representative) of the California hospitals; interim lease-back and management until licence transferParent companyIndirect parent (85% through Prospect East Holdings from 2014; 100% from December 2020) (+1)Parent company (100%)Parent company (100%)Parent company (100%)Parent companyParent company (100%)Holder of 51% (parent of the PhysicianCo business) (+1)Listed as a non-released party under the Chapter 11 planParent company (listed subsidiary)Indirect parent (through PHP Holdings and Prospect Intermediate Holdings); named sole principal in the Connecticut draft complaintListed as a non-released party under the Chapter 11 planParent company (100%)Parent company (listed subsidiary)Borrower under undrawn three-year $15 million revolving credit facility (RBC as administrative agent)Indirect parentIndirect parent (through Prospect East Holdings and Prospect CharterCARE)Received transfers out of the hospital company (amounts due from affiliates; consultant's reading)Listed as a non-released party under the Chapter 11 planParent company (indirect)Indirect parent (through Prospect East Holdings and Prospect CharterCARE)Received transfers out of the hospital company (amounts due from affiliates; consultant's reading)Listed as a non-released party under the Chapter 11 planAgreed separation payments to the Terner family trust ($1,257,000; stopped in September 2009)Paid dividends to (reported recipient) (+1)Listed as a non-released party under the Chapter 11 plan (estate claims preserved)Listed as a non-released party under the Chapter 11 planSeller representative in the sale of Waterbury Hospital ($13 million with the real estate)Issuer of $160 million 12.75% senior secured notes (U.S. Bank as indenture trustee)Listed as a non-released party under the Chapter 11 planListed as a non-released party under the Chapter 11 planParent company (indirect)Seller under agreement to sell the three Connecticut hospitals ($435 million); motion to assume in 2025Administered claims payments under a risk-sharing arrangement with Prospect Medical GroupHolder of the assignable option to change Prospect Medical Group's nominee ownerGuarantor under continuing guaranty in favour of Royal Bank of CanadaFounder, president and medical directorMinority shareholder (1.2% after the merger)Director (management designee after the 2010 merger) (+1)PresidentPresidentOffer of $50 million for PMH by Prime's chief executiveGuarantor under continuing guaranty in favour of Royal Bank of CanadaGuarantor under continuing guaranty in favour of Royal Bank of CanadaDirector (signed the bankruptcy-filing resolutions as the board)Signed the bankruptcy-filing resolutions for the sole memberSigned the bankruptcy-filing resolutions for the sole memberSigned the bankruptcy-filing resolutions for the sole memberSigned the bankruptcy-filing resolutions for the sole memberSigned the bankruptcy-filing resolutions for the sole memberSigned the bankruptcy-filing resolutions for the sole memberSigned the bankruptcy-filing resolutions for the sole memberDirector (signed the bankruptcy-filing resolutions as the board)Signed the bankruptcy-filing resolutions for the sole memberDirector (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Sole director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board with David Topper)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Secretary (certified the bankruptcy-filing resolutions)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Director (signed the bankruptcy-filing resolutions as the board)Registered business address is PMH's address (3824 Hughes Ave., Culver City)PartnerIndependent director (chair of the Transaction Committee from January 20, 2025)Self-insurance programme used by the debtors (first $500,000 layer in Pennsylvania)Managing directorChief restructuring officer (signatory for PMH and authorised person for the borrowers)Chief financial officerNominee shareholderActs on behalf of (plan administrator agreement)Authorised person for the designated Prospect entity under the exit loan (+2)Plan administrator ($72,500 a month)Chairman and chief executive officerFormer chief executive officer and vice president of finance (company self-description)Acquiring party named in FTC early-termination noticeChairman and chief executive officer (removal in 2026 disputed)Acquiring party in the transaction for which Lee was named as acquired party (FTC notice)Director named at registration; later removed from leadership role (disputed)Senior vice president of hospital operations (+1)President of hospital operationsBorrower under $90 million revolving credit facilityManaging partnerPrincipal from 2000; later partner (former)Director (Leonard Green designee; former)Pledged shares to secure the acquisition financingDirectorChairman and chief executive officerExecutive vice president and director (after the merger with Century MediCorp)Sole shareholder, director and officerSole (nominee) shareholder, sole director and chief executiveChairman, chief executive officer and director (+1)Father ofFamily trust of (with spouse)Shareholder (8.8%)Spouse; co-settlor and co-trustee of the family trustMember of the board of managers (+1)Shareholder through the David & Alexa Topper Family TrustProvided part of the January 2019 cash infusion (described as an emergency loan) (+1)Co-defendant or co-party with PMH (2021 pension settlement; 2024 Pennsylvania Attorney General suit; proposed 2025 settlement)Director (+2)Settlor and trusteeDirector (signed the bankruptcy-filing resolutions as the board with Samuel Lee)One of two shareholders of Alta Healthcare System until its sale to PMHShareholder (33.33% approved in 2021; 50% reported in the 2024 application)Shareholder (14.9% after the 2010 merger; 14.45% before the 2021 transaction)Shareholder (22.9%) (+1)Objected to the debtors' first disclosure statementChief financial officer (+1)Vice President, Secretary & TreasurerVice president (2010), later partnerDirector (Leonard Green designee)Party to the master agreement for the sale of the hospital real estateRegistered business address is PMH's address (3824 Hughes Ave., Culver City)Seller of the Waterbury Hospital operating assetsParty to the September 2025 settlement with MPT and Prospect ($45 million cash from Yale) (+1)NOR HealthcareSystems Corp.NOR Healthcare Systems Corp.Healthcare Systemsof AmericaHealthcare Systems of AmericaeCapitalHealthcare Corp.eCapital Healthcare Corp.SouthernCaliforniaHealthcare System,Inc.A14 · A18Southern California Healthcare System, Inc.A14: California pharmacy accusation (2019) · A18: Data-breach class actions (2023)ProspectManchesterHospital, Inc.Prospect Manchester Hospital, Inc.Prospect EastHoldings, Inc.Prospect East Holdings, Inc.ProspectCharterCARESJHSRI, LLCProspect CharterCARE SJHSRI, LLCCharterCARECommunity BoardCharterCARE Community BoardSaidara Group,Inc.Saidara Group, Inc.CharterCARE HealthPartnersCharterCARE Health PartnersH2C SecuritiesInc.H2C Securities Inc.KQT AikensPartnersKQT Aikens PartnersChristianaCareChristianaCareUpper Darby SchoolDistrictUpper Darby School DistrictKline Hawkes & Co.Kline Hawkes & Co.Michael SarianA12Michael SarianA12: Healthcare Systems of America suit alleging diversion of funds (2026, disputed)Alexa TopperAlexa TopperProspect RockvilleHospital, Inc.Prospect Rockville Hospital, Inc.David & AlexaTopper FamilyTrust u/d/tSeptember 29, 1997David & Alexa Topper Family Trust u/d/t September 29, 1997Prospect EastHospital AdvisoryServices, LLCProspect East Hospital Advisory Services, LLCMichael S. SolomonMichael S. SolomonProspectCharterCARE, LLCProspect CharterCARE, LLCCoordinatedRegional CareGroup, LLCCoordinated Regional Care Group, LLCProspect DCMH, LLCProspect DCMH, LLCMPT TRS LenderPMH, LLCMPT TRS Lender PMH, LLCProspect Crozer,LLCA2 · A4 · A9Prospect Crozer, LLCA2: Pennsylvania Attorney General suit over Crozer Health (2024) · A4: Pennsylvania Department of Health order at Delaware County Memorial Hospital (2022) · A9: CKHS suit over the Delaware County Memorial Hospital conversion (2022-2025)MPT DevelopmentServices, Inc.MPT Development Services, Inc.Chariot EquitiesChariot EquitiesECHN Holdings,Inc.ECHN Holdings, Inc.Prospect CT, Inc.Prospect CT, Inc.Prospect ECHN,Inc.Prospect ECHN, Inc.Alta HospitalsSystem, LLCAlta Hospitals System, LLCDavid R. TopperA2 · A11David R. TopperA2: Pennsylvania Attorney General suit over Crozer Health (2024) · A11: Estate claims over 2018-2021 transfers found viable by the Transaction CommitteeFrank SaidaraFrank SaidaraVon CrockettVon CrockettProspectCharterCARE RWMC,LLCProspect CharterCARE RWMC, LLCProspect Oldco NJ,Inc.Prospect Oldco NJ, Inc.Yale New HavenHealth ServicesCorporationYale New Haven Health Services CorporationProspect CCMC, LLCProspect CCMC, LLCCKHS, Inc.CKHS, Inc.CenterbridgeCredit CS, L.P.Centerbridge Credit CS, L.P.EOH AcquisitionGroup, LLCEOH Acquisition Group, LLCProspect CTMedicalFoundation, Inc.Prospect CT Medical Foundation, Inc.ConnecticutHealthcareInsurance CompanyA16Connecticut Healthcare Insurance CompanyA16: Cayman Islands winding-up order (2026)Hospital AdvisoryServices, Inc.Hospital Advisory Services, Inc.Samuel S. LeeA2 · A11Samuel S. LeeA2: Pennsylvania Attorney General suit over Crozer Health (2024) · A11: Estate claims over 2018-2021 transfers found viable by the Transaction CommitteeGreen EquityInvestors V, L.P.Green Equity Investors V, L.P.Prospect MedicalHoldings, Inc.A1 · A2 · A3 · A4 · A5 · A6 · A8 · A9 · A10 · A17 · A18Prospect Medical Holdings, Inc.A1: Chapter 11 filing (January 2025) · A2: Pennsylvania Attorney General suit over Crozer Health (2024) · A3: Rhode Island Attorney General suit (2023) · A4: Pennsylvania Department of Health order at Delaware County Memorial Hospital (2022) · A5: Rhode Island Department of Health compliance order (2023) · A6: False Claims Act civil investigative demands (2023-2024) · A8: Connecticut Attorney General proof of claim and draft complaint (2025) · A9: CKHS suit over the Delaware County Memorial Hospital conversion (2022-2025) · A10: Unpaid Connecticut hospital taxes and state tax liens · A17: Rhode Island pension litigation and settlement (2017-2021) · A18: Data-breach class actions (2023)Leonard Green &Partners, L.P.A2 · A17Leonard Green & Partners, L.P.A2: Pennsylvania Attorney General suit over Crozer Health (2024) · A17: Rhode Island pension litigation and settlement (2017-2021)John BaumerJohn BaumerDonna VigilDonna VigilMedical PropertiesTrust, Inc.Medical Properties Trust, Inc.PHP Holdings, LLCA19PHP Holdings, LLCA19: Chapter 11 filing of the physician companies (July 2025)MPT PicassoInvestors TRS, LLCMPT Picasso Investors TRS, LLCPaul RundellPaul RundellAlvarez & MarsalNorth America, LLCAlvarez & Marsal North America, LLCMichael PearsonMichael PearsonPrime HealthcareServicesPrime Healthcare ServicesMike HeatherMike HeatherChamber Inc.Chamber Inc.Ivy Holdings Inc.Ivy Holdings Inc.Green EquityInvestors Side V,L.P.Green Equity Investors Side V, L.P.Alyse WagnerAlyse WagnerMitchell Lew, M.D.Mitchell Lew, M.D.ProspectHealthcareFacilitiesManagement, LLCProspect Healthcare Facilities Management, LLCElizabeth AbramsElizabeth AbramsChaparral MedicalGroup, Inc.Chaparral Medical Group, Inc.Alan CarrAlan CarrProspect MedicalSystems, LLCA6 · A7 · A8Prospect Medical Systems, LLCA6: False Claims Act civil investigative demands (2023-2024) · A7: Connecticut consumer-protection civil investigative demands (2024) · A8: Connecticut Attorney General proof of claim and draft complaint (2025)John DanhaklJohn DanhaklProspect ECHN HomeHealth, Inc.Prospect ECHN Home Health, Inc.Orla O’ReganOrla O’ReganAlta HollywoodHospitals, Inc.Alta Hollywood Hospitals, Inc.Alta Los AngelesHospitals, Inc.Alta Los Angeles Hospitals, Inc.Ivy IntermediateHolding, Inc.Ivy Intermediate Holding, Inc.Jeereddi A.Prasad, M.D.Jeereddi A. Prasad, M.D.Royal Bank ofCanadaRoyal Bank of CanadaProspect MedicalSystems, Inc.Prospect Medical Systems, Inc.Upland MedicalGroup, aProfessionalMedicalCorporationUpland Medical Group, a Professional Medical CorporationProspect NorthwestOrange CountyMedical Group Inc.Prospect Northwest Orange County Medical Group Inc.Catherine S.DicksonCatherine S. DicksonProspect MedicalHoldings RiskRetention Group,Inc.Prospect Medical Holdings Risk Retention Group, Inc.Alfredo SabilloAlfredo SabilloAlta NewportHospital, Inc.Alta Newport Hospital, Inc.Faisal GillFaisal GillProspect GUC TrustProspect GUC TrustBank of America,N.A.Bank of America, N.A.Culver HospitalHoldings, L.P.Culver Hospital Holdings, L.P.Prospect GreenManagement, LLCProspect Green Management, LLCProMed HealthServices CompanyProMed Health Services CompanyArthur Lipper,M.D.Arthur Lipper, M.D.Prospect MedicalGroup, Inc.Prospect Medical Group, Inc.Prospect HealthSource MedicalGroup, Inc.Prospect Health Source Medical Group, Inc.Osmundo R. Saguil,M.D.Osmundo R. Saguil, M.D.JMB CapitalPartners Lending,LLCJMB Capital Partners Lending, LLCBDO USA, LLPBDO USA, LLPU.S. Bank NationalAssociationU.S. Bank National AssociationRob EldersRob EldersAmericanHealthcare SystemsFoundation Inc.American Healthcare Systems Foundation Inc.Los Angeles JewishHome for AgingLos Angeles Jewish Home for AgingThe CenturionFoundation, Inc.The Centurion Foundation, Inc.Brotman MedicalCenter, Inc.Brotman Medical Center, Inc.Prospect HospitalAdvisory Services,Inc.Prospect Hospital Advisory Services, Inc.Jacob Y. Terner,M.D.A13Jacob Y. Terner, M.D.A13: SEC consent judgment without admission (1997)Nuestra FamiliaMedical Group,Inc.Nuestra Familia Medical Group, Inc.Jeffrey LiebmanJeffrey LiebmanCharterCARE Healthof Rhode IslandCharterCARE Health of Rhode IslandCharterCARE OurLady of FatimaHospitalCharterCARE Our Lady of Fatima HospitalNelson ObusNelson ObusJoshua LandesJoshua LandesEOH Real EstateHoldings, Inc.EOH Real Estate Holdings, Inc.JPMorgan ChaseBank, N.A.JPMorgan Chase Bank, N.A.Prospect HealthPlan, Inc.Prospect Health Plan, Inc.Astrana Health,Inc.Astrana Health, Inc.North AmericanPartners inAnesthesia(Connecticut),P.C.North American Partners in Anesthesia (Connecticut), P.C.ProspectWaterbury, Inc.A15Prospect Waterbury, Inc.A15: Default entered in Agiliti Health suit (2024)Ivy LGP Co-InvestLLCIvy LGP Co-Invest LLCMichael A. TernerMichael A. TernerGeorge D. PillariGeorge D. PillariProMed Health CareAdministratorsProMed Health Care AdministratorsJeremy RosenthalJeremy RosenthalKimberly A. LumiaKimberly A. LumiaBlue Torch CapitalL.P.Blue Torch Capital L.P.Bruce GrimshawBruce GrimshawJonathan SokoloffJonathan SokoloffAmericanHealthcareSystems, Inc.American Healthcare Systems, Inc.Steven BalasianoSteven BalasianoMPT of WaterburyPMH, LLCMPT of Waterbury PMH, LLCMPT OperatingPartnership, L.P.MPT Operating Partnership, L.P.CaliforniaStatewideCommunitiesDevelopmentAuthorityCalifornia Statewide Communities Development AuthorityUCHCFC WaterburyHealth Corp.UCHCFC Waterbury Health Corp.Terner FamilyTrustTerner Family TrustCentury MediCorp,Inc.Century MediCorp, Inc.Jefferies FinanceLLCJefferies Finance LLCForce 10 PartnersForce 10 PartnersFoundation HealthCorporationFoundation Health CorporationUnited StatesDepartment ofHealth and HumanServicesUnited States Department of Health and Human ServicesSherman EdmistonSherman EdmistonAMVI Care HealthNetwork, Inc.AMVI Care Health Network, Inc.LGP Management,Inc.LGP Management, Inc.MHR Advisory GroupMHR Advisory GroupAlta NewportHospital, LLCAlta Newport Hospital, LLCGemino HealthcareFinance, LLCGemino Healthcare Finance, LLCAgiliti Health,Inc.Agiliti Health, Inc.GEI Capital V, LLCGEI Capital V, LLCMark JohnsonMark JohnsonUnited StatesTrusteeUnited States TrusteeConnecticutHospitalAssociationConnecticut Hospital Association

Solid line: documented. Amber dashed: reported. Grey dotted: hypothesis. One arrow: the relationship as stated; two arrows: reciprocal; no arrow: symmetric. A path between two parties does not transfer an allegation from one to the other.

every party and relationship in full, as text ↓

Information markers
  • A1 · Chapter 11 filing (January 2025) — Prospect Medical Holdings, Inc.
  • A2 · Pennsylvania Attorney General suit over Crozer Health (2024) — Prospect Crozer, LLC
  • A3 · Rhode Island Attorney General suit (2023) — Prospect Medical Holdings, Inc.
  • A4 · Pennsylvania Department of Health order at Delaware County Memorial Hospital (2022) — Prospect Crozer, LLC
  • A5 · Rhode Island Department of Health compliance order (2023) — Prospect Medical Holdings, Inc.
  • A6 · False Claims Act civil investigative demands (2023-2024) — Prospect Medical Systems, LLC
  • A8 · Connecticut Attorney General proof of claim and draft complaint (2025) — Prospect Medical Systems, LLC
  • A9 · CKHS suit over the Delaware County Memorial Hospital conversion (2022-2025) — Prospect Crozer, LLC
  • A10 · Unpaid Connecticut hospital taxes and state tax liens — Prospect Medical Holdings, Inc.
  • A17 · Rhode Island pension litigation and settlement (2017-2021) — Leonard Green & Partners, L.P.
  • A18 · Data-breach class actions (2023) — Southern California Healthcare System, Inc.
  • A11 · Estate claims over 2018-2021 transfers found viable by the Transaction Committee — David R. Topper
  • A13 · SEC consent judgment without admission (1997) — Jacob Y. Terner, M.D.
  • A14 · California pharmacy accusation (2019) — Southern California Healthcare System, Inc.
  • A15 · Default entered in Agiliti Health suit (2024) — Prospect Waterbury, Inc.
  • A16 · Cayman Islands winding-up order (2026) — Connecticut Healthcare Insurance Company
  • A19 · Chapter 11 filing of the physician companies (July 2025) — PHP Holdings, LLC
  • A7 · Connecticut consumer-protection civil investigative demands (2024) — Prospect Medical Systems, LLC
  • A12 · Healthcare Systems of America suit alleging diversion of funds (2026, disputed) — Michael Sarian

Markers apply only to the named participant. They do not transfer allegations to connected parties.

Participants 148

Subject

Leadership

Group companies

Counterparties

Historical

Other

Relationship register 418

chronology

  1. Prospect Medical Holdings' business begins operating c-id-origins
  2. PMH buys about 33% of Brotman Medical Center c-pub-brotman-stake
  3. Prospect Medical Group buys the ProMed Entities for $48 million c-pub-promed
  4. PMH buys Alta Healthcare System from Samuel Lee and the Topper family trust c-pub-alta-acquisition c-pub-alta-sellers
  5. American Stock Exchange suspends trading in PMH shares until June 18, 2008 c-pub-restatement
  6. Samuel Lee becomes PMH's chief executive officer c-pub-lee-background
  7. PMH issues $160 million of 12.75% senior secured notes c-pub-notes-2009
  8. Leonard Green proposes to buy all PMH shares for $7.50 each c-buy-approach
  9. Ivy Merger closes: Leonard Green funds take indirect control of PMH c-buy-merger c-buy-control-62
  10. PMH's last filings in the SEC's EDGAR record c-id-deregistration
  11. Debt-funded dividend to PMH shareholders, reported as $188 million or $100 million c-pay-2012-dividend
  12. Rhode Island Attorney General's decision on the CharterCARE joint venture c-ri-2014-application c-ri-2014-jv
  13. Prospect acquires Crozer-Keystone Health System's hospitals c-pa-acquisition
  14. Prospect acquires Eastern Connecticut Health Network c-ct-acquisitions
  15. $457 million dividend paid from $1.12 billion of new debt c-pay-2018-recap c-pay-2018-pya c-pay-mgmt-fees
  16. Sponsor and part of management contribute $41 million in cash c-pay-2019-dividend-infusion
  17. Sale-leaseback of hospital real estate to Medical Properties Trust closes c-mpt-2019-closing c-mpt-master-leases
  18. Ivy Holdings and Chamber Inc. sign the merger agreement c-coc-merger-agreement
  19. Rhode Island Attorney General approves the change of control with conditions c-coc-approval-2021
  20. Federal court gives final approval to the St. Joseph pension settlement c-ri-pension-litigation
  21. Agreement to sell the Connecticut hospitals to Yale New Haven Health for $435 million c-ct-yale-agreement
  22. Pennsylvania orders emergency services suspended at Delaware County Memorial Hospital c-pa-dcmh-2022
  23. The Centurion Foundation agrees to buy the CharterCARE system c-ri-centurion-agreement
  24. Recapitalisation with Centerbridge, Blue Torch and Medical Properties Trust c-mpt-2023-recap
  25. Rhode Island Attorney General sues PMH over the 2021 conditions c-ri-ag-suit-2023
  26. Rhode Island Department of Health issues an Immediate Compliance Order c-ri-ridoh-order-2023
  27. Yale New Haven Health sues to avoid closing the Connecticut purchase c-ct-yale-litigation
  28. Rhode Island conditionally approves the sale to The Centurion Foundation c-ri-approval-2024
  29. Pennsylvania Attorney General sues PMH, Prospect Crozer, Leonard Green and two directors c-pa-ag-suit-2024
  30. Agreement to sell the physician business to Astrana Health c-phy-astrana-agreement
  31. PMH and its hospital companies file for Chapter 11 c-ch11-filing
  32. Supreme Court of Pennsylvania reverses the Commonwealth Court in the Delaware County Memorial Hospital conversion case c-pa-ckhs-litigation
  33. Bankruptcy court approves the closure of certain Pennsylvania hospitals c-pa-closures-2025
  34. Astrana completes its purchase of most of the physician business c-phy-astrana-closing
  35. Remaining physician companies file for Chapter 11 c-phy-physician-chapter11
  36. Court approves the sale of the California hospital assets to NOR Healthcare Systems c-ca-sale-order
  37. Non-Released Parties Schedule filed in the Chapter 11 case c-ch11-non-released
  38. Bankruptcy court confirms the Amended Joint Chapter 11 Plan c-ch11-plan-path
  39. Chapter 11 plan becomes effective and the Prospect GUC Trust is created c-ch11-effective c-ch11-guc-trust
  40. The Centurion Foundation completes the purchase of the Rhode Island hospitals c-ri-closing-2026
  41. Cayman court orders Connecticut Healthcare Insurance Company (CHIC) to be wound up c-cap-winding-up
  42. U.S. court recognises CHIC's Cayman proceeding as a foreign main proceeding c-cap-chapter15

cite this dossier

DossierTwist, “Prospect Medical Holdings: owners, hospitals and bankruptcy”, dt.021, 16 October 2026, https://dossiertwist.com/dossiers/prospect-medical-holdings/

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