Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.
U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.
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 ...
Uncertainty looms over the future of Crozer Health as talks between Prospect Medical Holdings and the PA attorney general hit a snag.
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 ...
The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.
The Foundation for Delaware County is liable if Prospect doesn’t make payments on two Springfield Township leases that run ...
In April 2020, Crozer Health shut down all of its units at Springfield Hospital except for the emergency department, which they closed two months later. In January 2022, the system shut down the ...