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 ...