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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.
Prospect has found a receiver to oversee Crozer Health for 30 days, if a judge agrees
Pennsylvania Attorney General Dave Sunday and Prospect Medical Holdings have reached an agreement to be considered today in a Texas federal court on a receiver to oversee Crozer Health for a month.
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 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.
17h
Prospect Medical Signs Temporary Deal to Avert Hospital Closures
Bankrupt health system Prospect Medical Holdings Inc. won court approval to hand operations of its Pennsylvania hospitals to ...
Becker's Hospital Review
1h
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.
Philadelphia Tribune
2h
FTI Consulting chosen to temporarily run Crozer Health
The Pennsylvania Office of Attorney General and Prospect Medical Holdings struck a deal to have FTI Consulting temporarily ...
Modern Healthcare
2d
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 protection last month.
Yale Daily News
13h
‘Lead, follow or get out of the way’: Lamont calls YNHH to decide on acquisition deal
Governor Ned Lamont urged Yale New Haven Health to complete their $435 million acquisition of three Prospect hospitals or let ...
1d
Crozer Health management to be temporarily taken over, pending court OK
FTI Consulting is poised to take over as the temporary manager of Crozer Health pending court approval in the Prospect ...
Fierce Healthcare
3d
Bankrupt Prospect Medical Holdings unveils sale agreements for Rhode Island, Pennsylvania systems
The for-profit, which filed for Chapter 11 in January, shared an amended asset purchase agreement for its CharterCARE Health ...
Philadelphia Tribune
3d
Prospect intends to sell Crozer Health to a ‘not-for-profit consortium of healthcare operators’
Prospect Medical Holdings announced Friday it intends to sell Crozer Health, Delaware County’s four-hospital system, to a ...
Daily Times on MSN
1d
Delaware County Council has strong words for Crozer Health, its parent company, with bankruptcy hearing Thursday morning
This is why health care should not be privatized and why I strongly believe that because this is what happens,” Delaware ...
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Rhode Island
Crozer Health
Our Lady of Fatima Hospital
Pennsylvania
Delaware County
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