Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...
The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.
The fate of Crozer Health, vital to Delaware County, has been decided in a Dallas, Texas court where a federal bankruptcy ...
The funds can't be used to refinance or pay down any pre-existing debt, attorney fees, or for non-hospital executive compensation. “Crozer Health looks forward to working constructively with the ...
Crozer Health is receiving $20 million in public funding to keep Crozer-Chester Medical Center and Taylor Hospital open for at least 30 days as FTI Consulting ...
Banrkupt Prospect Medical Holdings said Friday it intends to sell Crozer Health, its four-hospital health system based in Pennslyvania, to an unnamed consortium of nonprofit healthcare operators.
The company purchased Crozer in 2016. Crozer operates just two functioning hospitals: Crozer-Chester Medical Center in Upland and Taylor Hospital in Ridley Park. Delaware County Memorial Hospital and ...
D.C.-based FTI Consulting $20 million to act as an independent monitor and manager of Crozer while Prospect continues to search for a permanent buyer for the four-hospital health system.
Prospect Medical Holdings announced Friday it intends to sell Crozer Health, Delaware County’s four-hospital system, to a “not-for-profit consortium of healthcare operators.” State Sen.
Four-hospital system Crozer is one of several divestitures Prospect is pursuing after filing for Chapter 11 bankruptcy last month. Prospect first tried to offload Crozer to ChristianaCare Health ...