Here is a breakdown of these three major healthcare private equity bankruptcies: 1. Steward Health Care: The group, backed by private equity group Cerberus Capital Management, filed for Chapter 11 ...
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FTI Consulting will manage Crozer Health System preventing hospital, facility closuresThe fate of Crozer Health, vital to Delaware County, has been decided in a Dallas, Texas court where a federal bankruptcy judge is ruled on its future. Here's what we know.
Under the agreement between the Pennsylvania attorney general and Prospect Medical Holdings, a temporary manager will take ...
U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.
The Pennsylvania Office of Attorney General and Prospect Medical Holdings struck a deal to have FTI Consulting temporarily ...
Ah, Crozer Health—the four-hospital system in Delaware County, Pennsylvania, that’s been through more plot twists than your ...
The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.
Governor Ned Lamont urged Yale New Haven Health to complete their $435 million acquisition of three Prospect hospitals or let ...
Bankrupt health system Prospect Medical Holdings Inc. won court approval to hand operations of its Pennsylvania hospitals to ...
Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...
Several hospitals and one health systems has already filed for bankruptcy in 2025. Despite hospital operating margins gradually improving, headwinds persist.
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