ABOUT US

Our Philosophy

To ensure that our patients receive the right care, at the right
time, in the right setting, with efficiency and compassion.

Above all, we are committed to quality in all aspects of healthcare delivery, including:

  • Striving for the best possible patient outcomes
  • Maintaining the highest standards of patient safety
  • Acting with integrity at all times
  • Promoting open communication
  • Collaborating to better serve the healthcare needs of our communities
stethoscope

Mission statement

We are hospitals and affiliated medical groups, working closely together for the benefit of every person who comes to us for care. We build comprehensive networks of quality healthcare services that are designed to offer our patients highly coordinated, personalized care and help them live healthier lives. Through collaboration, we strive to provide all of our patients and medical group members with the quality, affordable healthcare they need and deserve.

Hospitals

We own 18 acute care
and behavioral hospitals
in our service areas.

Medical Groups

We arrange for the provision
of services to our members
via our quality HMO plans.

Members

We arrange for the provision of care
to over 320,000 members in our
networks of over 11,000 doctors and specialists.

Service Areas

We maintain significant market
positions throughout Southern California, South Central Texas, Rhode Island, New Jersey and Pennsylvania.

Background

We provide quality, cost-efficient and coordinated healthcare services through our hospitals, clinics and physician networks in Southern California, South Central Texas, Rhode Island, New Jersey and Pennsylvania. Our company has two complementary lines of business: our medical groups and our hospitals.

Medical Groups

Combined, our affiliated medical groups, including the medical groups that we manage, are a significant provider of managed care services for HMO enrollees in Southern California. Each of our medical groups is a network of independent physicians that contracts with HMOs. In high-density population areas, HMOs often find it more efficient to outsource the responsibility of providing physician services through medical groups. This collaboration between HMOs and medical groups is a well-established model in the markets we serve and is designed to motivate physicians to practice preventive medicine and reduce unnecessary procedures. Affiliation with a medical group allows independent physicians to build their practices and HMOs to more efficiently contract for physician services and outsource certain medical management and administrative functions associated with those activities.

The company started in 1996 when Prospect Medical Group, Inc., one of our medical groups, began growing through a series of acquisitions and affiliations. This included our expansion from Orange County, Calif., into San Bernardino County, Calif., with the acquisition of ProMed Health Care Administrators and its affiliated medical groups in June 2007. This transaction increased the number of HMO enrollees to 80,000. Today, we arrange for the care of over 320,000 members in our networks of over 11,000 doctors and specialists.

Hospital Operations

In addition to our medical groups, we also own 18 acute and behavioral hospitals. Our hospitals are located in diverse, high-density population areas within Southern California, South Central Texas, Rhode Island, New Jersey and Pennsylvania and maintain significant market positions in the areas they serve. All of our facilities provide a comprehensive range of services tailored to their specific communities, including partnerships with other area hospitals, physicians and health plans.

Our hospital operations were established in August 2007 with the acquisition of Alta Hospitals System, LLC, a system of four community-based hospitals in Southern California with a combined 339 licensed beds. The acquisition of Alta transformed our company from a business exclusively providing medical group management services to what it is today—a provider of coordinated regional healthcare services. We believe our proven Coordinated-Regional-Care model offers competitive advantages, including a data-driven and cost-efficient platform that enables us to provide quality care in today’s challenging environment.

The number of hospitals in the Southern California market expanded to five with the acquisition of Southern California Hospital at Culver City (formerly known as Brotman Medical Center), a 420-bed general acute care hospital in Culver City, California. Southern California Hospital at Culver City later consolidated with two sister facilities to form Southern California Healthcare System.

In February 2012, we expanded our hospital operations into Texas with the acquisition of Nix Health, a hospital system with 297 licensed beds. Nix Health provides San Antonio and surrounding communities with an array of medical services ranging from primary care and surgical services to behavioral health and rehabilitation services. In April 2013, we acquired an 18-bed acute care hospital in Dilley, approximately 70 miles southwest of San Antonio, bringing it into Nix Health and renaming it Nix Community General Hospital. Since our acquisition of Nix Health, the hospitals have measurably improved quality metrics, expanded a multispecialty group and various service lines, integrated physical and behavioral health and also developed a new campus for expansion of behavioral health services.

In May 2014, we acquired two additional hospitals in Southern California. In June 2014, Prospect entered into a unique and innovative partnership in Rhode Island to help ensure the future of CharterCARE Health Partners’ two hospitals—Roger Williams Medical Center and Our Lady of Fatima Hospital. Through a joint venture agreement, Prospect became the majority owner of CharterCARE but shares governance of the hospitals equally with CharterCARE Community Board.

Prospect further expanded its presence in the Northeast in March 2016 when it completed its acquisition of East Orange General Hospital in East Orange, NJ. EOGH is a 212-bed general acute care hospital that has served its community for more than a century. And in July 2016, Prospect acquired Crozer-Keystone Health System, based in Springfield, Pa., the largest employer and healthcare provider in Delaware County, which is located southwest of Philadelphia. The Crozer-Keystone System consists of four general acute care hospitals and also operates several outpatient facilities and a comprehensive physician network of primary care and specialty practices.

Today, the company continues to focus on development of our core operations and markets, as well as on further development into new services and new areas of the country. Our goal is to best serve the healthcare needs of both the communities in which we currently operate and of the communities in other states where we seek to grow.

Quality

Prospect Medical is a family of mission-focused healthcare professionals offering hospital and community-based health services. In partnership with our physicians, our hospitals and affiliated medical groups are committed to high-quality healthcare services tailored to the unique needs of the communities we serve.

Above all, we are committed to quality in all aspects of healthcare delivery, including:

  • Striving for the best possible patient outcomes
  • Maintaining the highest standards of patient safety
  • Acting with integrity at all times
  • Promoting open communication
  • Collaborating to better serve the healthcare needs of our communities

Our hospitals are accredited by either Det Norske Veritas (DNV) Healthcare, Inc. or The Joint Commission, internationally recognized leaders in quality and safety.

Our affiliated medical groups deliver quality population management and coordinated care through their networks of physicians and ancillary providers. They have been awarded “Elite” status by the California Association of Physician Groups and 4- to 5-star ratings with Medicare Advantage plans. Their clinical outcomes and patient satisfaction scores are rated at the highest levels as a result of their constant focus on quality and value for both physicians and patients.

Leadership

Prospect Medical Holdings, Inc. is guided by a diverse and highly experienced leadership core. This group
maintains the vision that has made Prospect a needed difference-maker in the lives of so many patients today,
and many executives contribute to our continued efforts. Below is a small sample of our leadership team;
the corporate staff that manages the corporate administrative operations.

Samuel Lee

Chairman of the Board & Chief Executive Officer
Prospect Medical Holdings

Mitchell Lew, MD

President
Prospect Medical Holdings

Steve Aleman

Chief Financial Officer
Prospect Medical Holdings

Ellen J. Shin

General Counsel and Secretary
Prospect Medical Holdings

Cindra Syverson

SVP, Chief Human Resources Officer
Prospect Medical Holdings

Hoyt Sze

Vice President, Chief Compliance Officer and Privacy Officer
Prospect Medical Holdings.

Code Of Conduct

Our leadership, employees and subsidiaries are responsible for operating honestly and ethically in accordance with a stringent code of conduct approved by our Board of Directors.

Click below to view our official code of conduct in full.

View Document

Lenders

Prospect Medical Holdings, Inc. is privately held and does not make its financial information available to the public. However, Prospect makes quarterly and annual reports available to its lenders.

If you are a lender and you have already received your login information, please click here to access our reports.

For lenders who would like to access our reports but have not yet received login information, please contact:

Prospect Medical Holdings, Inc.
3415 South Sepulveda Boulevard, 9th Floor
Los Angeles, CA 90034
310-943-4500
info@pmh.com
Email

Contact Us

Prospect Medical
Holdings, Inc.

3415 South Sepulveda Boulevard, 9th Floor
Los Angeles, CA 90034

310-943-4500