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Prospect Medical Holdings, owner of Crozer Health, files for bankruptcy after paying out to its owner

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Prospect Medical Holdings, owner of Crozer Health, files for bankruptcy after paying out to its owner

Prospect Medical Holdings, Owner of Crozer Health, Files for Bankruptcy After Payouts to Owner – CBS Philadelphia

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A Los Angeles-based company that owns more than a dozen hospitals in four states filed for bankruptcy late Saturday night, the second major system acquired by private equity to collapse in less than a year.

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