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Update: Prospect Medical says it will start closure proceedings of Crozer Health; might be over in 8 daysProspect Medical Holdings Inc. has indicated that it is going to start closure proceedings on Crozer Health, sources confirmed Thursday, as Delaware County released a resource webpage for residents.
"It feels like we're at our own funeral, basically." Crozer's parent company, Prospect Medical Holdings, is bankrupt. Prospect also owns Taylor Hospital in Ridley Park, which closed on April 26.
Los Angeles-based Prospect Medical Holdings has been ordered to pay more than $17.3 million of unpaid bills to hospital vendors within 10 days by Rhode Island Superior Court Judge Brian Stern on ...
Prospect Medical Holdings, the Los Angeles-based healthcare company, sought bankruptcy protection after its previous owner extracted hundreds of millions of dollars in dividends and management ...
“So far, all of the patients have safely been transported to the various hospitals within that community,” Prospect Medical Holdings Chief Restructuring Officer Paul Rundell said of the more ...
Prospect Medical Holdings-owned Crozer Health plans to start closing facilities following a lengthy, but unsuccessful, battle to secure a buyer. Prospect Medical filed a motion Monday asking the U ...
If Prospect Medical Holdings fails to comply with the court order, “we will pursue all available and appropriate remedies,” said Attorney General Peter F. Neronha’s spokesman Timothy Rondeau ...
PROVIDENCE, R.I. (WPRI) — Prospect Medical Holdings has asked a judge for extra time to show it can pay back $17 million in outstanding bills, as Rhode Island has quickly turned into the latest ...
The company noted on Tuesday that certain properties, including Foothill Regional Medical Center in Tustin, are not part of the bankruptcy filing. Prospect Medical Holdings, once an active buyer ...
FILE - Sept. 17, 2024: Manchester Memorial Hospital is one of three community hospitals in Connecticut owned by private equity-funded Prospect Medical Holdings at risk of closure in the absence of ...
Rhode Island's Director of Health Dr. Jerry Larkin signed off on Prospect Medical Holdings' pending sale of two CharterCare hospitals to the Centurion Foundation. On Monday, Larkin accepted the ...
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