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.
FTI Consulting is poised to take over as the temporary manager of Crozer Health pending court approval in the Prospect ...
State regulators approved a deal to sell the hospitals months ago. However, Prospect said in court filings it couldn’t afford ...