News

A Penn Medicine spokesperson said the $5 million offer to help Crozer Health's operations was rejected by Prospect Medical Holdings. Crozer-Chester and Taylor hospitals employs 3,200 people and ...
Crozer Health parent company Prospect Medical Holdings has announced that it is filing for Chapter 11 bankruptcy, and the reaction Sunday within Delaware County has been swift. In a statement on ...
Private equity firm Prospect Medical Holdings has entered into an agreement to sell off Crozer Health to CHA Partners. Under the deal, Crozer's facilities will regain not-for-profit status ...
Crozer-Chester Medical Center and Taylor Hospital in Delaware County, Pennsylvania, will close after months of uncertainty, according to Prospect Medical Holdings, the parent company of Crozer Health.
Prospect Medical Holdings Inc. and CHA Partners LLC have signed a letter of intent for CHA to acquire Crozer Health in a move that will return the health system back to a not-for-profit.
U.S. Bankruptcy Judge Stacey Jernigan approved Prospect Medical Holdings’ plan to begin winding down operations at Crozer Health on Tuesday, after lawyers for the health system said an 18 months ...
Prospect Medical Holdings Inc. has indicated that it is going to start closure proceedings on Crozer Health, officials confirmed Thursday, as Delaware County released a resource webpage for residents.
Lawyers for Prospect Medical Holdings warned before a federal judge in Texas Thursday about the possible closure of the entire Crozer Health system in Pennsylvania. The judge did not issue a ...
Prospect may also cut some services at Crozer-Chester Medical Center, Henry said. "We know that this is the beginning, but we're ready for this fight," Henry said.
Prospect Medical Holdings, the for-profit owner of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy Saturday. The company intends to focus on its operations in California as it looks ...
In January, Prospect Medical Holdings filed for Chapter 11 bankruptcy in Texas. In March, the company filed a request for an “expedited closure” saying that keeping Crozer Health in business ...