Crozer-Chester Medical Center and Taylor Hospital will remain open after Prospect Medical Holdings warned the Delaware County ...
Crozer Health will remain open beyond Friday after receiving a last-minute cash infusion from the Foundation for Delaware ...
The health system will stay open for the immediate future while a permanent restructuring of the system is solidified.
Update: Federal bankruptcy judge has ordered another court hearing for Monday that might be a final attempt to prevent a ...
The Foundation for Delaware County will provide an undisclosed amount of funding to keep Crozer-Chester Medical Center and Taylor Hospital operational in the short term.
The developments come after Prospect Medical Holdings filed for bankruptcy protection Jan. 11, as the $2.5 billion company ...
Prospect, which sought Chapter 11 protection in January, has been working to offload 10 of its 16 hospitals.The for-profit system closed two Crozer hospitals, Springfield Hospital and Delaware County ...
In February, Crozer Health received a one-time $20 million ... after the court put the health system in receivership, with FTI Consulting taking over as the temporary manager of the health system.
(KATHLEEN CAREY – DAILY TIMES) FTI Consulting has been running the Crozer Health operation since mid-February as a court appointed receiver. The state and Delaware County each contributed about ...