1 day ago · A federal judge in Texas signed off on an agreement on Thursday that places the Crozer Health system in receivership for 30 days. The agreement will remove its parent company, Prospect Medical ...

4 days ago · Prospect Medical Holdings announced Friday it intends to sell Crozer Health, Delaware County’s four-hospital system, to a “not-for-profit consortium of healthcare operators.”

Jan 31, 2025 · Prospect Medical Holdings Inc. announced Friday that it wants to sell Crozer Health — including its hospitals, ambulatory surgery centers, clinics, and physician offices — to a not-for-profit ...

LOS ANGELES, January 31, 2025--Prospect Medical Holdings, Inc. ("Prospect Holdings" or the "Company") today announced that it intends to sell Crozer Health and its operating assets, including all ...

In July 2016, Crozer Health was acquired by Prospect Medical Holdings, Inc., an innovative healthcare services company that owns and operates 20 hospitals and more than 165 clinics and outpatient centers across the United States.

1 day ago · Prospect Medical acquired Crozer Health — then operated as Crozer-Keystone Health System — for $55 million in 2016 and converted its hospitals to for-profit status.

5 days ago · Prospect Medical Holdings said Friday it has a deal to sell Crozer Health to a consortium of nonprofit healthcare operators. However, the system offered few specifics about deal terms.

Prospect Medical Holdings, Inc. and CHA Partners, LLC (CHA) have signed a letter of intent for CHA to acquire Crozer Health. This acquisition will involve transitioning Crozer Health's hospitals back to not-for-profit status.

Aug 8, 2024 · Prospect Medical Holdings Inc. and CHA Partners LLC have signed a letter of intent for CHA to acquire Crozer Health in a move that will return the health system back to a not-for-profit.

2 days ago · Prospect scuttled a deal to sell Crozer Health but secured $20 million in funding from regulators to keep operations afloat for one month. Published Feb. 6, 2025 By