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If another cash infusion doesn’t arrive by Wednesday, the hospital system could begin diverting ambulances and patients to other facilities as soon as Thursday morning.
Crozer's owner, bankrupt Prospect Medical Holdings, told a U.S. Bankruptcy judge that it needs the money for payroll.
Crozer Health's two hospitals have already received $40 million in cash infusions over the last few months from the state, Delaware County and Foundation for Delaware County.
Los Angeles-based Prospect Medical Holdings was scheduled to present a proposed purchase agreement for a consortium to ...
The meeting Tuesday in federal bankruptcy court was supposed to reveal whether there was a deal for a consortium to acquire ...
One physician’s assessment of years of uncertainty that has culminated in months of anxiety for many employed by Crozer ...
During a bankruptcy hearing on Wednesday, attorneys with Prospect Medical Holdings told a judge that a consortium is set to ...
In a Texas courtroom, attorneys trying to come up with a sales agreement for the ailing Crozer Health System said they are moving ahead as possible trouble emerges.
The owner of Crozer-Chester Medical Center and Taylor Hospital filed for bankruptcy protection in January and has been ...
See Correction/Clarification at the end of this article. Talks are progressing on a potential sale of Crozer Health's assets with involvement by Penn Medicine and Delaware County. The Foundation ...
The University of Pennsylvania Health System in Philadelphia has denied reports that it is in negotiations to acquire Upland-based Crozer Health but it is involved in discussions to maintain ...
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