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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.
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.
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.
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.
Modern Healthcare
15h
Prospect Medical signs temporary deal to avert hospital closures
The agreement with state authorities came together after a proposed sale of the Pennsylvania hospitals to a nonprofit ...
Becker's Hospital Review
13h
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
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 ...
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 ...
7d
on MSN
Prospect says Crozer Health sale advances, but governor’s office and attorney general did not confirm
Bankrupt Prospect Medical Holdings announced Friday that intends to sell bankrupt Crozer Health to a “not-for-profit ...
Fierce Healthcare
4d
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 ...
4d
Prospect asks federal bankruptcy judge to expedite sale of Roger Williams, Fatima hospitals
The owner of Roger Williams Medical Center and Our Lady of Fatima Hospital is forging ahead with the planned sale of its ...
The Middletown Press
2d
Lamont has blunt message for Yale as sale of Prospect’s 3 Connecticut hospitals languishes
Ned Lamont says Prospect's bankruptcy filing may mean someone other than Yale buys the companies Connecticut hospitals in Waterbury, Vernon and Manchester.
3d
Quality of care at Prospect's CT hospitals behind that of Yale New Haven Health in some areas
Federal data shows Prospect Medical Holdings' hospitals in Connecticut lag behind in areas of care compared to Yale New Haven ...
Philadelphia Tribune
15h
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 ...
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Crozer Health
Rhode Island
Our Lady of Fatima Hospital
Pennsylvania
Delaware County
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