Prospect Medical’s Compromise With Landlord MPT Wins Judge’s Signoff
The settlement between the hospital operator and its landlord provides liquidity to avoid closures and pursue sales for its ...
Prospect moves forward with hospital sale plans, promises to include CT parties in auction process
A bankruptcy judge approves a deal with Prospect's landlord to speed the sale of Waterbury, Manchester Memorial and Rockville ...
Plans to save Pennsylvania's Crozer Health system with long-term plan take positive step as deadline looms
Attorneys said they are looking at Friday as a possible deadline to have a long-term deal to save Delaware County's Crozer ...
Crozer Health’s owner is negotiating a new sale to a nonprofit. Its fate could be known next week.
At a Prospect Medical Holdings bankruptcy hearing Wednesday, officials did not disclose who might acquire Crozer Health.
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Negotiations to keep Crozer Health System hospitals open appears to be moving in right direction
Another bankruptcy hearing is scheduled for next Wednesday, where we could learn if there is a deal to save both hospitals ...
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'11th hour' deal will keep Prospect's Crozer hospitals open, for now
Pennsylvania hospitals owned by Prospect Medical Holdings will need to be closed unless a funding deal can be made within the ...
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CT lawmakers want to stop profit-driven companies from taking over hospitals
Lawmakers have introduced a bill to ban private equity ownership in health care facilities after three hospitals went ...
Funding to keep Crozer Health's Pennsylvania hospitals afloat may only last two weeks, attorneys say
A day after officials said new funding would keep Crozer Health's facilities open four to six weeks, an attorney says the ...
Last-minute deal saves Prospect-owned hospitals in PA, but fate of 3 CT hospitals remains uncertain
A last-minute deal was reached to keep two PA hospitals owned by Prospect Medical open. But the fate of its CT hospitals is ...
Prospect Medical’s Pennsylvania Hospitals at Risk of Closure
Prospect Medical Holdings Inc. is looking to shutter several hospitals and outpatient facilities in Pennsylvania to stem its ...
Prospect Medical Holdings filed motion for ‘expedited closure’ of Crozer Health’s hospitals
Prospect's bankruptcy motion for the closure of Crozer-Chester Medical Center and Taylor Hospital did not set a closure date, ...
Patients, staff in jeopardy at 3 CT Prospect hospitals waiting for buyer, unions say
Because they are eroding all the resources, the quality of care is being impacted and every day we are not getting a real buyer, we are losing ground,” he said.