The Foundation for Delaware County is liable if Prospect doesn’t make payments on two Springfield Township leases that run ...

Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...

The fate of Crozer Health, vital to Delaware County, has been decided in a Dallas, Texas court where a federal bankruptcy ...

The funds can't be used to refinance or pay down any pre-existing debt, attorney fees, or for non-hospital executive compensation. “Crozer Health looks forward to working constructively with the ...

In April 2020, Crozer Health shut down all of its units at Springfield Hospital except for the emergency department, which they closed two months later. In January 2022, the system shut down the ...

Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.

Crozer Health is the parent company for Crozer-Chester Medical Center in Upland and Taylor Hospital in Ridley Park. The health system also operates a campus in Springfield, which once included an ...

Banrkupt Prospect Medical Holdings said Friday it intends to sell Crozer Health, its four-hospital health system based in Pennslyvania, to an unnamed consortium of nonprofit healthcare operators.

The documents also noted the failure of the sale of Crozer Health with Delaware-based ChristianaCare in 2022, followed by the closure of Delaware County Memorial Hospital that same year.

D.C.-based FTI Consulting $20 million to act as an independent monitor and manager of Crozer while Prospect continues to search for a permanent buyer for the four-hospital health system.