Settlement reached between Prospect Medical Holdings and St. Joseph Pension Fund

PROVIDENCE – Prospect Medical Holdings Inc. on Tuesday announced that it had reached a settlement with St. Joseph Pension Fund to purchase the remaining 15% minority interest in Prospect's Rhode Island hospitals held by CharterCARE Community Board. The agreement includes a $27.25 million payment and resolves litigation related to the pension fund provided by the…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -