Prospect Medical Holdings Inc. is facing a lawsuit for its years of neglect of the Crozer Health System, according PA AG.
The lawsuit claims that Prospect Medical broke a 2016 court-approved Asset Purchase Agreement by cutting services and closing facilities while diverting funds to its private shareholders and investors.
This led to a civil complaint, filed on Tuesday, Oct. 29, that would require Prospect Medical to fund operating costs for Crozer Health System until a new owner is in place…