A Penn Medicine spokesperson said the $5 million offer to help Crozer Health's operations was rejected by Prospect Medical Holdings. Crozer-Chester and Taylor hospitals employs 3,200 people and ...

Bankrupt Prospect Medical Holdings announced Friday that it intends to sell Crozer Health to a “not-for-profit consortium of health-care operators,” with state involvement in its plan, but ...

Los Angeles-based Prospect Medical Holdings is required to inform potential buyers that its Upland, Pa.-based Crozer Health is for sale under a recent agreement approval, The Philadelphia Inquirer ...

Prospect Medical Holdings has agreed to sell Crozer Health to a nonprofit organization as part of a court-approved deal. The private equity company announced its plans to offload Crozer in October ...

Prospect Medical Holdings Inc. has indicated that it is going to start closure proceedings on Crozer Health, officials confirmed Thursday, as Delaware County released a resource webpage for residents.

Prospect Medical Holdings, a for-profit, California-based business, purchased the former Crozer-Keystone Health System, now Crozer Health, in 2016 for $300 million.

Related: Prospect Medical Holdings must find nonprofit buyer for Crozer Founded in 2008, real estate company CHA Partners has acquired five hospitals in New Jersey.

The health system is hoping to have finally found a new owner for its four hospitals in CHA Partners. Prospect Medical Holdings’ winding history with Crozer Health may be coming to an end.

If Prospect Medical Holdings is to sell Crozer Health within the next 270 days, the new owner must be a nonprofit, according to a court-approved deal.