The bankruptcy judge overseeing Prospect Medical Holdings' case approved the appointment of a temporary manager for 30 days.

Bankrupt health system Prospect Medical Holdings Inc. won court approval to hand operations of its Pennsylvania hospitals to ...

Prospect Medical Holdings, the parent company of Crozer Health in Delaware County, filed for Chapter 11 bankruptcy​ last ...

Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.

Several hospitals and one health systems has already filed for bankruptcy in 2025. Despite hospital operating margins gradually improving, headwinds persist.

FTI Consulting is poised to take over as the temporary manager of Crozer Health pending court approval in the Prospect ...

Prospect Medical Holdings has struggled under piles of debt and rising expenses, leading it to file for Chapter 11 bankruptcy protection last month.

State regulators approved a deal to sell the hospitals months ago. However, Prospect said in court filings it couldn’t afford ...

The owner of Roger Williams Medical Center and Our Lady of Fatima Hospital is forging ahead with the planned sale of its ...

A Feb. 12 hearing in U.S. Bankruptcy Court in Texas could determine whether the Centurion Foundation can proceed with its ...