Prospect Medical Holdings
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Legal Action Against Prospect Medical Delayed so a New Crozer Health Buyer Can be Found
A nine-month Prospect Medical legal reprieve has been agreed to so that it can find a buyer for Crozer Health, writes John George for Philadelphia…
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Crozer Health Computers Up Again as Group Moves Past Ransomware Attack
As of Friday, Crozer Health’s computers were “back up and running normal” after an Aug. 3 ransomware attack crashed the system of Crozer’s parent company,…
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Wall Street Journal: Prospect Medical Deal With Crozer Hospital Landlord Put on Hold
A business transaction that was supposed to help the owner of Crozer Health has been put on hold, putting additional strain on Delaware County’s hospitals…
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4 Crozer Health Hospitals in Delaware County Victims of Ransomware
Four Delaware County hospitals that are part of Crozer Health were affected by a ransomware cyberattack on August 3rd against Crozer owner Prospect Medical Holdings,…
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Paramedic Says Prospect Medical Falling Behind on Ambulance Repairs
Prospect Medical Holdings, owner of Crozer Health, has been unable to pay for repairs to its aging fleet of ambulances, writes Kenny Cooper for WHYY.…
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Landlord Gives Financial Relief to Crozer Health With New Rent Deal
Crozer Health in Chester will no longer pay $35 million in annual rent to its landlord for its hospital properties, giving it some financial relief,…
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Nurses, Lawmakers Picket Crozer as Financial Worries Grow
Community members and lawmakers joined picketing nurses outside Crozer-Chester Medical Center Friday amid growing concerns over Crozer Health’s finances, writes Kenny Cooper for WHYY. The…
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Crozer Landlord MPT Working to Minimize Impact of Troubled Investment
Crozer Health’s landlord, Medical Properties Trust Inc., known as MPT, is converting its lease on Crozer’s hospital buildings into a first-lien mortgage, writes Harold Brubaker…
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Court: Show More Evidence That DCMH Closure Would be Harmful
There’s insufficient proof that closing Delaware County Memorial Hospital would cause ‘irreparable harm’ to the community, a Commonwealth appeals court ruled Wednesday. The court’s decision…
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CBS News Investigates Impact of DCMH Closure on Area
Closing Delaware County Memorial Hospital in Drexel Hill has overwhelmed the area’s health care system, said first responders in a CBS News report. “Everybody’s feeling…
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For-Profit Health Care Reforms Re-Introduced by Delco State Senators
Recent staff reductions at Crozer Health have prompted four Delaware County state Senators to re-introduce a legislation package reforming for-profit healthcare systems, writes Kathleen E…
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Nurse, Pharmacist Report Delays on Bill Payments at Crozer Chester
Crozer Health, and its parent company, Prospect Medical Holdings, have been delaying payment to some of its vendors and contractors at Crozer Chester Medical Center,…
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Crozer’s Landlord Wants to Sell Hospital Real Estate Amid Losses
Medical Properties Trust, the landlord that’s collecting rent on Crozer Health’s hospitals in Delaware County isn’t too happy these days. MPT, which is leasing the…
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Is Mental Health Services a Profitable Move for Crozer Health?
Turning Delaware County Memorial Hospital in Drexel Hill into an inpatient mental health facility can help people with addiction and mental health issues, but there…
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Josh Shapiro Adds Attorney General Petition to DCMH Dispute
Pennsylvania’s governor-elect and Attorney General Josh Shapiro has entered the fray over Delaware County Memorial Hospital, writes John George for Philadelphia Business Journal. Shapiro’s office…
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Prospect Files to End Hospital Injunction, Projects $2M Loss Per Month
The latest volley in the battle to determine the fate of Delaware County Memorial Hospital came from Prospect Medical Holdings this week. The parent company…
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DCMH Owners Criticized After Health Department Intervention
The owners of Delaware County Memorial Hospital (DCMH) were taken to task Monday afternoon, hours after the Pennsylvania Department of Health closed the hospital’s emergency…
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State orders Emergency Services Shutdown at DCMH
The Pennsylvania Department of Health has ordered emergency services be closed at Delaware County Memorial Hospital starting Monday because there aren’t enough people to staff…
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