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 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,
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 ...
Yale Daily News8h
‘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 ...
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.
Fierce Healthcare3d
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 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 ...
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 ...
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 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 ...
Daily Times on MSN20h
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 ...
Prospect Medical Holdings, Inc. Enters Into Agreement to Sell CharterCARE Health Partners to The Centurion Foundation, Inc.
Prospect Medical Holdings, Inc. ("Prospect Holdings" or the "Company") today announced that it has entered into an amended and restated asset purchase agreement (the "APA") to sell CharterCARE Health ...