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Daily Times on MSNCrozer Health ‘moving in the right direction,’ so what’s next?Delaware County and the state each committing $10M in funding for operations while FTI Consulting is running Crozer Health.
Crozer Health will receive $20 million in government funding to keep Crozer-Chester Medical Center and Taylor Hospital open ...
Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy last ...
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Daily Times on MSNFederal judge gives nod to deal putting 3rd party in charge of Crozer Health for 30 daysThe deal between Pennsylvania Attorney General Dave Sunday and Prospect Medical Holdings on a receiver to oversee Crozer ...
A federal bankruptcy judge agreed to a deal on Thursday that places Prospect Medical’s struggling health system Crozer Health into a 30-day receivership. Under the terms, Pennsylvania regulators ...
FTI Consulting, a global management advisory firm, would also take over management of Crozer for at least 30 days giving Prospect more time to find a buyer for the health system. The agreement ...
While it’s encouraging to see continued stability in hospitals’ financial well-being over the past 12 months, historically slim margins indicate hospitals are not yet in a fully sustainable position,” ...
The company purchased Crozer in 2016. Crozer operates just two functioning hospitals: Crozer-Chester Medical Center in Upland and Taylor Hospital in Ridley Park. Delaware County Memorial Hospital and ...
“At Crozer Health, our goal is to provide high-quality and personalized care to our patients," said Tony Esposito, the health system's CEO, in a statement. "By selling Crozer Health to a group ...
Let us know! Prospect Medical Holdings announced Friday it intends to sell Crozer Health, Delaware County’s four-hospital system, to a “not-for-profit consortium of healthcare operators.” State Sen.
Insiders tell CBS News Philadelphia conditions at Crozer Chester Medical Center were already dire. Now, emotions are running even higher after Prospect Medical Holdings, the company that owns the ...
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