Prospect Medical Holdings, the parent company of several healthcare facilities including Crozer Health and hospitals in Connecticut and Rhode Island, has filed for Chapter 11 bankruptcy protection. This decision comes amid concerns following substantial payouts to owners totaling hundreds of millions. The bankruptcy raises questions about the future operations of its affiliated hospitals, including Roger Williams and Fatima. State regulators and local lawmakers are closely monitoring the situation as the company explores restructuring options while also planning to sell some of its assets. With over a billion dollars in debt, the implications for the healthcare network, which operates across multiple states, remain uncertain.