U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.
Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.
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.
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 ...
They own Crozer Chester Medical Center, Taylor Hospital, and the former Springfield and Delaware County Memorial Hospitals in southeastern Pennsylvania. Delaware County state and county leaders ...
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.
Under the agreement between the Pennsylvania attorney general and Prospect Medical Holdings, a temporary manager will take ...
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 ...