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.
FTI Consulting will take over management of Crozer Health for at least 30 days, according to court filing
The agreement is not final, and it did not say how much money the state would provide to keep the Crozer Health hospitals in Delaware County open.
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.
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,
Plan keeps Delco’s Crozer Health open for at least 30 days, court filing shows
The Pennsylvania Attorney General and Crozer Health owner Prospect Medical Holdings have agreed to put a temporary manager in charge of Crozer, Delaware County’s largest health system, for at least 30 days,
Modern Healthcare1d
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.
Daily Times on MSN10h
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 announces deal to sell Delaware County hospitals to not-for-profit consortium
The parent company of Crozer Chester and Taylor hospitals announced a deal to sell the hospitals to a not-for-profit ...
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 ...
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 ...
Los Angeles Business Journal10d
Prospect Medical Files Chapter 11 Protection
Palms-based private hospital operator Prospect Medical Holdings Inc., which operates 16 hospitals in four states, filed for ...
HealthLeaders Media1d
Negotiations over Crozer Health's future hit a snag, bankruptcy lawyer tells judge
Negotiations between bankrupt hospital owner Prospect Medical Holdings and the Pennsylvania attorney general over Crozer Health's transfer to a new nonprofit "hit a snag" over the weekend, Prospect's ...
Prospect's deal to sell Connecticut hospitals in flux after bankruptcy filing
Waterbury, Manchester Memorial and Rockville General are likely to be sold at auction as part of Prospect Medical Holding's ...
Firm Retention Summary: Prospect Medical Holdings
This is a summary of a request from Prospect Medical Holdings to hire Sidley Austin as counsel, filed Jan. 29 with the U.S. Bankruptcy Court in Dallas.
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 ...