Los Angeles-based Prospect Medical Holdings is suing Yale New Haven Health, demanding that the Connecticut health system honor its contractual obligations to acquire Eastern Connecticut Health Network and Waterbury Hospital. Prospect Medical Holdings filed the lawsuit June 6 in Connecticut Superior Court alleging that Yale New Haven has breached its acquisition agreement with Prospect by failing to deliver the agreed-upon purchase price and by not making reasonable best efforts to complete the transaction of Waterbury (Conn.) Hospital and Manchester-based Eastern Connecticut Health Network.
Read the full article: Prospect Medical Sues Yale New Haven over Stalled Acquisition //
Source: https://www.beckershospitalreview.com/legal-regulatory-issues/prospect-medical-sues-yale-new-haven-over-stalled-acquisition.html