The Foundation for Delaware County could take a big financial hit from Crozer Health bankruptcy
The Foundation for Delaware County is liable if Prospect doesn’t make payments on two Springfield Township leases that run ...
HealthLeaders Media1d
Prospect Hands Over Crozer Health to Receivership, Avoids Hospital Closures
The deal between Prospect, which filed for chapter 11 bankruptcy in January, and the Commonwealth of Pennsylvania was signed ...
Crozer Health will receive $20M in public funding to keep its Delaware County hospitals open for at least 30 days
The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.
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 ...
WHYY11d
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.
Daily Times on MSN2d
Crozer Health ‘moving in the right direction,’ so what’s next?
Delaware County and the state each committing $10M in funding for operations while FTI Consulting is running Crozer Health.
Delaware County Daily Times11d
Prospect announces plan to sell Crozer Health to consortium
Prospect Medical Holdings Inc. announced Friday that it wants to sell Crozer Health — including its hospitals, ambulatory ...
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 ...
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 ...
Modern Healthcare7d
Where Prospect hospital selloffs stand amid bankruptcy process
Prospect Medical Holdings has struggled under piles of debt and rising expenses, leading it to file for Chapter 11 bankruptcy ...
Crozer Health placed into receivership after proposed deal collapses
Bankrupt Prospect Medical Holdings scuttled a deal to sell Crozer Health but secured $20 million in funding from regulators ...
WHYY5d
FTI Consulting chosen to temporarily run Crozer Health
Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.