Prospect Medical Holdings
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Crozer-Chester Medical Center Revival Gains Traction as Health System Weighs Lead Role
A year after Crozer-Chester Medical Center went dark, the shuttered Upland campus may be inching back to life. Chariot Equities’ plan to revive the hospital…
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Trinity Health Mid-Atlantic Medical Group Brings $3M Primary Care Office to Springfield
More than a year after Crozer Health’s collapse left thousands of Delaware County residents scrambling for care, a new provider is moving in to fill the gap. …
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Wawa Foundation Grant Helps Main Line Health EMS Expand After Crozer Health Closure
When Crozer Health collapsed last year, Delaware County lost more than a hospital system. It lost its largest ambulance service. Now, a $275,000 grant from the Wawa…
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Town Hall April 30 Looks at Proposed Delco EMS Authority
A town hall on April 30 will address the creation of the Delco Emergency Services Authority for six central Delaware County municipalities. The authority would…
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Legislation would Keep Private Equity Firms Away From Hospitals
National legislation introduced last week would take hospitals and nursing homes out of the hands of private equity firms. U.S. Rep. Mary Gay Scanlon (D-5)…
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Delaware County Council Declares an End to Health Emergency
Delaware County Council issued a health disaster declaration after Crozer Health collapsed more than a year ago. On Wednesday evening, the council voted unanimously to…
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Medicaid Cuts, Private Equity Ownership Hurting Some PA Hospitals
Bad financial deals aren’t helping Pennsylvania hospitals that are already struggling with Medicaid funding cuts, writes Noah Zucker for Bisnow. About 37 percent of Pennsylvania…
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Local Investors for Taylor Hospital Buy Springfield Hospital for $1M
Local investors who acquired Taylor Hospital in a bankruptcy auction in September are now picking up Springfield Hospital after the original auction winner’s deal fell…
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Prospect Medical Asks Court Permission to Dispose of Patient Records
Prospect Medical Holdings is seeking court approval to dispose of 470,000 patient records and save itself $350,000 a year in annual storage costs, writes John…
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Judge Settles Crozer Health WARN Act Violations at $1.5M for Employees
Former Crozer Health employees who say they weren’t given enough notice over the closing of two hospitals and the loss of their jobs are entitled…
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$13.5M Bids Accepted for Crozer-Chester, Springfield Hospitals
There are two hospital buyers for the closed Crozer-Chester Medical Center and Springfield Hospital, writes John George for the Philadelphia Business Journal. Following a Friday…
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Prospect Medical Bankruptcy Motion States Potential Abandonment of Medical Properties
Prospect Medical Holdings submitted an emergency bankruptcy motion last week, stating it plans to abandon Crozer-Chester Medical Center and Springfield Hospital in Delaware County unless…
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Private Investors Acquire Taylor Hospital in Ridley for $1M
Private investors have snatched up Taylor Hospital in Ridley for $1 million, with plans to re-establish medical services there that would include an emergency room,…
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Taylor Hospital Owners Talking to Nonprofits to Run Hospital
The new local owners of Taylor Hospital in Ridley Park are talking with nonprofit healthcare providers about running its day-to-day operations, writes John George for…
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Protestors Arrested After Sit-In at Crozer-Chester Medical Center
A Crozer-Chester Medical Center sit-in protest on Monday morning led to the arrest of eight people, writes Sarah Gantz for The Philadelphia Inquirer. A rally…
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Prospect Medical Sues Federal Agencies Claiming Bankruptcy Violation
Crozer Health’s parent company, Prospect Medical, is suing two federal health care agencies, claiming they violated an automatic stay order after the company’s bankruptcy was…
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Upper Darby School District Closes on Shuttered Hospital Purchase
The Upper Darby School District closed a deal Friday with Prospect Medical Holdings to purchase the former Delaware County Memorial Hospital and two other structures…
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Foundation Covers Cost of Medical Records Access for Former Crozer Patients
The Foundation for Delaware County has reached an agreement with Prospect Medical Holdings, resolving outstanding real estate and legal matters. As part of the resolution,…
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