The Foundation for Delaware County could take a big financial hit from Crozer Health bankruptcy
The Foundation for Delaware County is liable if Prospect doesn’t make payments on two Springfield Township leases that run ...
Modern Healthcare7d
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 ...
Daily Times on MSN2d
Crozer Health ‘moving in the right direction,’ so what’s next?
Delaware County and the state each committing $10M in funding for operations while FTI Consulting is running Crozer Health.
HealthLeaders Media22h
Prospect Hands Over Crozer Health to Receivership, Avoids Hospital Closures
The deal between Prospect, which filed for chapter 11 bankruptcy in January, and the Commonwealth of Pennsylvania was signed off on by Judge Stacey Jernigan and came after a proposed sale of Crozer to ...
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 ...
Daily Times on MSN5d
Federal judge gives nod to deal putting 3rd party in charge of Crozer Health for 30 days
The deal between Pennsylvania Attorney General Dave Sunday and Prospect Medical Holdings on a receiver to oversee Crozer ...
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 ...
Lamont has blunt message for Yale New Haven Health as sale of Prospect’s 3 hospitals languishes
Ned Lamont says Prospect's bankruptcy filing may mean someone other than Yale buys the companies Connecticut hospitals in ...
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 ...
Yale Daily News5d
‘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 ...
Prospect Medical Holdings, Medical Properties Trust owe $23.6M in delinquent taxes to municipalities
Prospect Medical Holdings and Medical Properties Trust owe $23.6 million in delinquent taxes to Manchester, South Windsor, ...
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.