Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...

Delaware County and the state each committing $10M in funding for operations while FTI Consulting is running Crozer Health.

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 ...

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 Inc. wants to enter into an agreement with the Commonwealth of Pennsylvania to allow FTI Consulting to serve as a receiver to oversee operations of Crozer Health for 30 ...

A federal judge in Texas signed off on an agreement on Thursday that places the Crozer Health system in receivership for 30 days.

Under the agreement between the Pennsylvania attorney general and Prospect Medical Holdings, a temporary manager will take charge of Crozer-Chester Medical Center in Upland and Taylor Hospital in ...

The Pennsylvania Office of Attorney General and Prospect Medical Holdings struck a deal to have FTI Consulting temporarily run Crozer Health in Delaware County. The Washington D.C.-based firm will ...