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 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.
FTI Consulting to take over Crozer Health System management preventing hospital, facility closures
The fate of Crozer Health, vital to Delaware County, has been decided in a Dallas, Texas court where a federal bankruptcy judge is ruled on its future. Here's what we know.
FTI Consulting chosen to temporarily run Crozer Health
Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.
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 Medical Holdings bankruptcy proceedings. Filings show the receivership deal was worked out between Prospect Medical,
Negotiations over Crozer Health’s future hit a snag, bankruptcy lawyer tells judge
Bankrupt Prospect Medical Holdings and officials with the Pennsylvania attorney general's office negotiated through the ...
Philadelphia Tribune2d
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 ...
Delaware County Daily Times6d
Prospect announces plan to sell Crozer Health to consortium
Prospect Medical Holdings Inc. announced Friday that it wants to sell Crozer Health — including its hospitals, ambulatory ...
Modern Healthcare2d
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.
HealthLeaders Media4d
Prospect Intends to Sell Distressed Crozer Health to Nonprofit Consortium
Prospect Medical Holdings revealed its intention to sell Crozer Health to a nonprofit group of healthcare operators, consisting of unnamed parties. The health system, which filed for Chapter 11 ...
Becker's Hospital Review1d
Bankruptcy judge presses Pennsylvania hospital owners to 'pull a rabbit out of the hat'
Uncertainty looms over the future of Crozer Health as talks between Prospect Medical Holdings and the PA attorney general hit a snag.
Bankrupt Prospect Medical says it has tentative deal to sell Crozer Health
Prospect Medical Holdings said Friday it has a deal to sell Crozer Health to a consortium of nonprofit healthcare operators.
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 ...