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The Crozer Health system in Delaware County is on life support, and enough money has been identified to avoid an imminent closure and buy more time.
Crozer has struggled to keep its doors open after its owner, Prospect Medical Holdings, filed for bankruptcy in January.
The declaration gives officials the power to hire temporary workers and buy supplies needed for residents' well-being.
The move follows announcements that Crozer's owner, Prospect Medical Holdings, begins cutting services at the Delaware County ...
The goal for most is still a sale of Crozer Health as an entity, though it’s unclear how many pieces are still to be spun off or simply terminated, such as has happened with an announcement ...
Let us know! Crozer Health CEO Tony Esposito will depart the company Friday after more than two years of leading Delaware County’s largest hospital system. “It has been an honor to serve alongside ...
The money grants Prospect Medical Holdings, Pennsylvania officials and potential buyers more time to negotiate a deal to ...
Crozer Health CEO Tony Esposito will step down on Friday, a spokesperson confirmed to Healthcare Dive. His departure comes as the four-hospital health system faces an uncertain future ...
Prospect Medical is getting some financial support from the Penn Health System and Delaware County that will delay the immediate closing of Crozer Health's financially struggling hospitals.