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 ...

Updated April 21, 4:30 p.m. After months of failed deals and temporary extension deals, Prospect Medical Holdings will officially shut down Pennsylvania's Crozer Health after failing to line up a ...

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 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 ...

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.

In October, Prospect Medical Holdings Inc. said it was conducting a strategic review of the Crozer Health system that could result with “new opportunities” or partnerships with other ...

If Prospect Medical Holdings is to sell Crozer Health within the next 270 days, the new owner must be a nonprofit, according to a court-approved deal. The clock is now ticking for the for-profit ...

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 has a prospective buyer for Crozer Health — but the company declined to reveal the suitor for the embattled four-hospital system in Delaware County.

Prospect Medical Holdings has nine months to find a buyer for its struggling four-hospital system Crozer Health and avoid continued litigation from the Pennsylvania attorney general’s office and ...

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.