Gov. Josh Shapiro has said the state could be providing $10 million of state funding for a receiver to be put in place, if a court were to approve an agreement between Prospect Medical Holdings Inc.
FTI Consulting is poised to take over as the temporary manager of Crozer Health pending court approval in the Prospect ...
Delaware County and the state each committing $10M in funding for operations while FTI Consulting is running Crozer Health.
In addition, Todd Strine, owner and CFO of Springfield-based Keystone ... It noted that initially the purchase of the former Crozer-Keystone Health System by Prospect Medical Holdings in 2016 ...
A federal bankruptcy judge agreed to a deal on Thursday that places Prospect Medical’s struggling health system Crozer Health into a 30-day receivership. Under the terms, Pennsylvania regulators ...
A federal judge in Texas signed off on an agreement on Thursday that places the Crozer Health system in receivership for 30 days. The agreement will remove its parent company, Prospect Medical ...
The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.
Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.
The previous two attempts by the financially troubled health system to sell Crozer fell apart. Prospect Medical Holdings is hoping that the third time is the charm for its divestiture of Crozer ...