U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.
The move by Prospect Medical Holdings was long expected. Its local hospitals, including Crozer-Chester Medical Center in Upland and Taylor Hospital in Ridley Park, are expected to continue operating.
The parent company of Crozer Health has filed for bankruptcy protection ... struggles on "lingering impacts" of the Covid-19 pandemic, inflation, and "shifting patient demographics.” ...
Crozer Health parent company Prospect Medical Holdings ... due in large part to the lingering impacts of the COVID-19 pandemic, inflation, and shifting patient demographics.” ...
Palms-based private hospital operator Prospect Medical Holdings Inc., which operates 16 hospitals in four states, filed for ...
In an email sent to Crozer employees, Prospect CEO Von Crockett cited a number of challenges, including the “lingering impacts of the COVID-19 pandemic, inflation, a significant cyberattack and ...
“Under Prospect’s ownership, the Crozer Health system has steadily declined ... in large part to lingering impacts of the COVID-19 pandemic, inflation and shifting patient demographics.
The Pennsylvania Office of Attorney General and Prospect Medical Holdings struck a deal to have FTI Consulting temporarily ...
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