U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.

The agreement with state authorities came together after a proposed sale of the Pennsylvania hospitals to a nonprofit ...

The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.

Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...

Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.

State regulators approved a deal to sell the hospitals months ago. However, Prospect said in court filings it couldn’t afford ...

Prospect Medical Holdings Inc. announced Friday that it wants to sell Crozer Health — including its hospitals, ambulatory ...

The parent company of Crozer Chester and Taylor hospitals announced a deal to sell the hospitals to a not-for-profit consortium of what the company is calling "health care operators." ...

Waterbury, Manchester Memorial and Rockville General are likely to be sold at auction as part of Prospect Medical Holding's ...

Lawmakers are considering several proposals this session to better regulate private equity in health care, after similar legislation failed in chamber last year.

The renewed push comes on the heels of Chapter 11 bankruptcy filings Jan. 11 by private equity-funded Prospect Medical Holdings (PMH), parent company of three financially struggling Connecticut ...