Prospect owns Roger Williams Medical Center in Providence and Our Lady of Fatima Hospital in North Providence under the banner of CharterCARE.
The Foundation for Delaware County is liable if Prospect doesn’t make payments on two Springfield Township leases that run through September 2029.
The deal between Prospect, which filed for chapter 11 bankruptcy in January, and the Commonwealth of Pennsylvania was signed ...
Delaware County and the state each committing $10M in funding for operations while FTI Consulting is running Crozer Health.
The fate of Crozer Health, vital to Delaware County, has been decided in a Dallas, Texas court where a federal bankruptcy ...
Under the agreement between the Pennsylvania attorney general and Prospect Medical Holdings, a temporary manager will take ...
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,” ...
Ah, Crozer Health—the four-hospital system in Delaware County, Pennsylvania, that’s been through more plot twists than your ...
The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.
Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...
Bankrupt Prospect Medical Holdings scuttled a deal to sell Crozer Health but secured $20 million in funding from regulators ...
Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.