Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...
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 ...
Crozer Health is the parent company for Crozer-Chester Medical Center in Upland and Taylor Hospital in Ridley Park. The health system also operates a campus in Springfield, which once included an ...
Many were involved in the process to save Crozer Health as Prospect Medical Holdings Inc. chiseled off parts of it over the past nine years. On Thursday, a Texas bankruptcy court approved the ...
Let us know! 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.
Crozer Health is not just a hospital, it is home to a trauma center, burn unit, and stroke center, and serves as Delaware County’s largest EMS provider. The foundation will continue to advocate ...
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.
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.
The documents also noted the failure of the sale of Crozer Health with Delaware-based ChristianaCare in 2022, followed by the closure of Delaware County Memorial Hospital that same year.