Crozer Health got new money to keep its Pennsylvania hospitals open – but how long will it last?
An attorney said in a bankruptcy hearing that foundation funding keeping Crozer Health afloat would run out in two weeks, not the four to six that officials previously stated. What does it mean for the system owned by the struggling Prospect Medical Holdings?
Funding to keep Crozer Health's PA hospitals afloat may only last two weeks
A day after officials said new funding would keep Crozer Health's facilities open four to six weeks, an attorney for the company that owns the hospital said the money would run out far sooner. The shortening of that window of time increases the sense of urgency for the Delaware County health system facing down closure as its parent company,
Crozer Health will remain open beyond Friday after receiving a last-minute cash infusion from the Foundation for Delaware ...
6don MSN
The latest developments come after Prospect Medical Holdings filed for bankruptcy protection Jan. 11, with the $2.5 billion ...
Delco Times on MSN4d
Agreement reached in Crozer Health crisis, officials sayThe health system will stay open for the immediate future while a permanent restructuring of the system is solidified.
MyChesCo on MSN2d
Life-Saving Deal Reached to Keep Crozer Health Open and Protect Vital Care for Thousands!An agreement reached on Sunday, March 9, has averted the imminent closure of Crozer Health, safeguarding healthcare access ...
3don MSN
The owner of Crozer-Chester Medical Center and Taylor Hospital, Prospect Medical Holdings, filed a bankruptcy motion last ...
Delco Times on MSN4d
Crozer Health union sends plea of help as health system hangs in the balanceIf this hospital closes, it won’t just break our hearts,” the email reads, “it will break the spirit of an entire community.” ...
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