As parties continue to try to reach a long-term solution for Crozer Health, an emergency infusion made by The Foundation for Delaware County has given the system a two-week stay, sources say. Sources ...
An agreement reached on Sunday, March 9, has averted the imminent closure of Crozer Health, safeguarding healthcare access ...
Crozer Health will remain open beyond Friday after receiving a last-minute cash infusion from the Foundation for Delaware ...
The health system will stay open for the immediate future while a permanent restructuring of the system is solidified.
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.
Update: Federal bankruptcy judge has ordered another court hearing for Monday that might be a final attempt to prevent a ...
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 ...
The developments come after Prospect Medical Holdings filed for bankruptcy protection Jan. 11, as the $2.5 billion company ...
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 ...
Keeping the Crozer Health system means that patients still have a place for care and 3,000 employees still have jobs beyond ...