U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.
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.” ...
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 Pennsylvania Office of Attorney General and Prospect Medical Holdings struck a deal to have FTI Consulting temporarily ...
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.” ...
Los Angeles-based Prospect Medical Holdings has shared plans to sell Upland, Pa.-based Crozer Health, including all hospitals, clinics, physician offices and ambulatory surgery centers to a non ...
The proposed sale will support the preservation and continuation of services to all members of the Delaware County communities that rely on Crozer Health for critical medical care. Additionally ...
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 ...
Bankrupt Prospect Medical Holdings and officials with the Pennsylvania attorney general's office negotiated through the ...
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