Crozer Health will remain open beyond Friday after receiving a last-minute cash infusion from the Foundation for Delaware ...
Update: Federal bankruptcy judge has ordered another court hearing for Monday that might be a final attempt to prevent a ...
The health system will stay open for the immediate future while a permanent restructuring of the system is solidified.
The developments come after Prospect Medical Holdings filed for bankruptcy protection Jan. 11, as the $2.5 billion company ...
Crozer-Chester Medical Center and Taylor Hospital will remain open after Prospect Medical Holdings warned the Delaware County ...
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.
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 ...