Federal judge gives nod to deal putting 3rd party in charge of Crozer Health for 30 days
The deal between Pennsylvania Attorney General Dave Sunday and Prospect Medical Holdings on a receiver to oversee Crozer Health for a month has been approved by a federal judge.
Federal judge signs agreement to place Crozer Health in receivership for 30 days to avoid hospital closures
Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last month.
FTI Consulting will manage Crozer Health System preventing hospital, facility closures
The fate of Crozer Health, vital to Delaware County, has been decided in a Dallas, Texas court where a federal bankruptcy judge is ruled on its future. Here's what we know.
Federal judge signs agreement to keep Crozer Health open for 30 days in Delaware County
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 Ridley Park. A bankruptcy judge in Texas signed off on the deal.
Crozer Health will receive $20M in public funding to keep its Delaware County hospitals open for at least 30 days
Crozer Health will receive $20 million in government funding to keep Crozer-Chester Medical Center and Taylor Hospital open for at least 30 days under a plan approved Thursday by a bankruptcy judge in Texas.
Court Filing: FTI Consulting Will Run Crozer Hospitals for 30 Days
Crozer Health hospitals in Delaware County will stay open for now under a temporary agreement with FTI Consulting, who will manage the hospitals for at
Crozer Health management to be temporarily taken over
FTI Consulting is poised to take over as the temporary manager of Crozer Health pending court approval in the Prospect ...
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‘Last resort’: Patient transport service cuts ties to Crozer Health over $265,000 it’s owed
Crozer Health is now using its emergency ambulances to perform patient transports after the company that provided that service said Crozer owed more than $265,000, or 120 days worth of service. Crozer ...
Prospect says Crozer Health sale advances, but governor’s office and attorney general did not confirm
Bankrupt Prospect Medical Holdings announced Friday that intends to sell bankrupt Crozer Health to a “not-for-profit ...
Prospect Medical says it has a tentative deal to sell Crozer Health
The proposed sale of Crozer Health includes its hospitals, ambulatory surgery centers, clinics and physician offices in ...
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Crozer Health since Prospect acquired it in 2016: A timeline
July 2016: Prospect Medical Holdings Inc., a private-equity-backed firm from Los Angeles, completed the acquisition of the nonprofit Crozer Keystone Health System in a deal valued at $300 million.
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Prospect intends to sell Crozer Health to a ‘not-for-profit consortium of healthcare operators’
Prospect Medical Holdings did not identify which parties would be a part of the consortium looking to take over the distressed Crozer Health system in Delaware County.
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Prospect Medical cedes control of 4-hospital system to state-backed receiver
U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.