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Unhappy about the new loan, Prospect's landlord threatens to disrupt earlier deal designed to speed hospital sales.
Delaware County's delegation of state lawmakers is asking the Pennsylvania attorney general to consider bringing criminal charges against Prospect Medical Holdings for closing the Crozer Health ...
After months of uncertainty, Prospect Medical Holdings said that the Crozer Health system in Pennsylvania will close.
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' most recent attempt to divest Crozer Health wasn't completed, putting the long-term fate of the four-hospital health system up in the air.
Bankrupt health system Prospect Medical Holdings Inc. won court approval to hand operations of its Pennsylvania hospitals to a state-backed receiver, a last minute deal that averts potential ...
State regulators approved a deal to sell the hospitals months ago. However, Prospect said in court filings it couldn’t afford to carry out the attorney general’s hefty closing conditions.
KEY TAKEAWAYS Prospect Medical Holdings revealed its intention to sell Crozer Health to a nonprofit group of healthcare operators, consisting of unnamed parties.
LOS ANGELES, January 31, 2025--Prospect Medical Holdings, Inc. ("Prospect Holdings" or the "Company") today announced that it intends to sell Crozer Health and its operating assets, including all ...
California-based healthcare company Prospect Medical Holdings filed for bankruptcy earlier this month, raising uncertainty about the future of its two Rhode Island hospitals. According to a court ...