News

A lawyer for Delaware County told a bankruptcy judge Wednesday that reaching a deal by the court’s April 1 deadline to keep ...
The goal for most is still a sale of Crozer Health as an entity, though it’s unclear how many pieces are still to be spun off or simply terminated, such as has happened with an announcement ...
The money grants Prospect Medical Holdings, Pennsylvania officials and potential buyers more time to negotiate a deal to ...
Efforts to keep Upland, Pa.-based Crozer Health’s two hospitals open continue as system leaders race to secure critical ...
Crozer's owner, bankrupt Prospect Medical Holdings, told a U.S. Bankruptcy judge that it needs the money for payroll.
Crozer Health, a system acquired by Prospect in ... but shortly after filing a motion with the court for the sale “issues arose first with regard to diligence, and then with regard to the ...
The meeting Tuesday in federal bankruptcy court was supposed to reveal whether there was a deal for a consortium to acquire ...
At that time, the judge expects to hear about a sale of the Delaware County health system to what officials have described as ...
Crozer Health's two hospitals have already received $40 million in cash infusions over the last few months from the state, ...
During a bankruptcy hearing on Wednesday, attorneys with Prospect Medical Holdings told a judge that a consortium is set to form that will rescue Crozer-Chester ... have been a number of challenges as ...
Los Angeles-based Prospect Medical Holdings was scheduled to present a proposed purchase agreement for a consortium to ...