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$9M needed in funding to keep Crozer Health System open

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Delco Times |
Crozer parent company Prospect Medical Holdings gave “some part of the Commonwealth” until 4 p.m. Wednesday to ante up $9 million under threat of starting to shut down the system Thursday. It
CBS News |
For state lawmakers, they're furious it has come to this.

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In Crozer Health crisis, Prospect funding deadline passes quietly
Crozer parent company Prospect Medical Holdings gave “some part of the Commonwealth” until 4 p.m. Wednesday to ante up $9 million under threat of starting to shut down the system Thursday. It
Prospect Medical Holdings says Crozer Hospitals could close Thursday without $9M in funding
The Commerce Secretary said the U.S. government would “protect” companies that “invest in America.” More than 155 people were taken to hospitals via ambulance after the roof of the Jet Set nightclub in Santo Domingo collapsed,
Prospect demands $9 million for Crozer hospitals, or says it will start closing them Thursday
Crozer's owner, bankrupt Prospect Medical Holdings, told a U.S. Bankruptcy judge that it needs the money for payroll.
Crozer Health system in Delaware County, Pennsylvania, won't close Wednesday as negotiations continue
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 Health will remain open at least one more day as negotiations continue
Efforts to find the $9 million needed to keep Crozer Health open will continue Wednesday and Thursday, officials say. Here's what we know.
Prospect will begin closing Crozer Health if Pa. does not provide $9 million
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.
CBS News14d
Consortium set to form to save Crozer Health system in Delaware County, Pennsylvania
During a bankruptcy hearing on Wednesday, attorneys with Prospect Medical Holdings told a judge that a consortium is set to form that ... RELATED: Potential closure of Crozer Health's Taylor Hospital is "nerve-wracking" for nearby businesses After an ...
Hosted on MSN14d
Asset purchase agreement moving forward for Crozer Health, would involve consortium of partners
“While Delaware County is doing its best to facilitate the formation of that consortium and its movement ... outside of California, including Crozer Health. Then, FTI Consulting was appointed ...
WHYY20d
A civil lawsuit in Delco threatens to upend Crozer’s sale
Penn Medicine told the Philadelphia Business Journal that it has been directly involved with plans to form a consortium for Crozer Health and is “committed to working toward potential solutions.” When Prospect Medical Holdings attorney William E.
Becker's ASC9d
Hearing on potential Crozer Health sale postponed
On April 1, 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. Prospect asked U.S ...
Yahoo14d
Consortium set to form to save Delco's Crozer Health system
32,615 people played the daily Crossword recently. Can you solve it faster than others?32,615 people played the daily Crossword recently. Can you solve it faster than others?
CBS News8d
Bankruptcy hearing on possible Crozer Health system sale in Delaware County, Pennsylvania postponed
There will be more waiting to see if a sales agreement comes together for the financially-troubled Crozer Health system. At a bankruptcy hearing Tuesday morning, an attorney for Prospect Medical ...
NBC 10 Philadelphia19d
Long-term solution reached to keep Crozer Health System open, officials say
Pennsylvania's Attorney General announced on Friday that a long-term solution has been reached in the case of Crozer Health System, but no other details were provided. Attorney General Dave Sunday ...
6abc News18d
Future of Crozer Health System hospitals remains uncertain
UPLAND, Pa. (WPVI) -- Employees of Crozer Health System hospitals and community leaders in Delaware County are calling for a permanent solution to stay open. On Sunday night, Crozer Health got a $ ...
Crozer Health hospitals get a reprieve from closure as parties extend negotiations
Crozer Health’s two Delaware County hospitals will remain open for at least one more day while talks to secure additional funding continue.
NBC 10 Philadelphia1mon
Two Delaware County hospitals face potential closure, thousands of jobs at risk
Two hospitals in Delaware County, Pennsylvania, could close in a matter of days, impacting thousands of jobs and leaving residents questioning needing to go further for care. According to ...
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