$9M needed in funding to keep Crozer Health System open
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The Philadelphia Inquirer |
Crozer’s bankrupt owner, Prospect Medical Holdings, told a bankruptcy judge it needs $9 million by 4 p.m. Wednesday to keep the Delaware County hospitals open for another two weeks while it negotiate...
CBS News |
For state lawmakers, they're furious it has come to this.
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A lawyer for Delaware County told a bankruptcy judge Wednesday that reaching a deal by the court’s April 1 deadline to keep Crozer-Chester Medical Center and Taylor Hospital open was going to be a challenge.
The meeting Tuesday in federal bankruptcy court was supposed to reveal whether there was a deal for a consortium to acquire Crozer Health, but that will have to wait two days.
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.
During a bankruptcy hearing on Wednesday, attorneys with Prospect Medical Holdings told a judge that a consortium is set to form that will rescue Crozer-Chester ... have been a number of challenges as it navigates getting to a sale. "The county has two ...
Crozer Health’s two Delaware County hospitals will remain open for at least one more day while talks to secure additional funding continue.
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Delco Times on MSNCrozer Health doctor provides inside look during tumultuous timeOne physician’s assessment of years of uncertainty that has culminated in months of anxiety for many employed by Crozer Health.
Los Angeles-based Prospect Medical Holdings was scheduled to present a proposed purchase agreement for a consortium to acquire Upland, Pa.-based Crozer Health — but the meeting was rescheduled, Daily Times reported April 1.