U.S. bankruptcy court approves temporary deal to keep Crozer Health hospitals open as Prospect Medical Holdings faces financial struggles.

Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.

The renewed push comes on the heels of Chapter 11 bankruptcy filings Jan. 11 by private equity-funded Prospect Medical Holdings (PMH ... issues that have impacted patient care,” State Sen.

The renewed push comes on the heels of Chapter 11 bankruptcy filings Jan. 11 by private equity-funded Prospect Medical Holdings (PMH), parent company ... and organizational issues that have impacted ...

Fifty-seven healthcare companies with more than $10 million in liabilities filed for bankruptcy protection in 2024, the ...

Crozer Health has started using emergency ambulances that are supposed to provide EMS services to at least seven Delaware ...

So what does that mean for patients and their doctors? NBC Connecticut's Mike Hydeck spoke with Senator Jeff Gordon (R-Woodstock), who is also a medical ... creditor in Prospect Holdings, I ...

The spotlight on private equity ownership in healthcare is burning even brighter after Prospect Medical Holdings' descent ... impact on organizations and patient care.