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Prospect Medical is an integrated healthcare provider that offers a broad range of services and technologies. Founded in 1996, the company has grown to become one of the largest providers in California and Texas. Prospect Medical operates one of the most comprehensive networks of hospitals, physician groups, outpatient medical centers, home health agencies and urgent care clinics in the United States. The company currently owns or manages 23 acute care hospitals with more than 2,400 beds; 10 surgical centers; 8 imaging centers; 20 home health agencies; 3 hospice care providers; 11 radiation therapy centers; 5 oncology management service organizations; 6 diagnostic laboratories; 14 post-acute care facilities such as skilled nursing homes and intermediate care facilities for developmentally disabled patients; 1 multi-specialty clinic with multiple locations within an area. Additionally, Prospect Medical develops new products through its research & development division to offer patient-oriented solutions for changing healthcare needs.