21 hours ago · The Pennsylvania Office of Attorney General and Prospect Medical Holdings struck a deal to have FTI Consulting temporarily run Crozer Health in Delaware County. The Washington D.C.-based firm will ...

1 day ago · “On Thursday, a Texas bankruptcy court approved the appointment of a receiver of our choosing, FTI Consulting, to take over management of the Crozer Health System. This action prevents the impending, immediate closure of remaining Crozer hospitals and facilities, ensuring care for current patients as permanent plans are developed.” # # #

The fate of Crozer Health, vital to Delaware County, has been decided in a Dallas, Texas court where a federal bankruptcy judge is ruled on its future. ... FTI Consulting will manage Crozer Health ...

Crozer Health hospitals in Delaware County will stay open for now under a temporary agreement with FTI Consulting, who will manage the hospitals for at least 30 days, according to a bankruptcy ...

1 day ago · Under the tentative agreement, the state has agreed to provide an undisclosed amount of financial support to Crozer Health for 30 days. FTI Consulting, a global management advisory firm, would ...

The Pennsylvania Attorney General and Crozer Health owner Prospect Medical Holdings have agreed to put a temporary manager in charge of Crozer, Delaware County’s largest health system, for at ...

1 day ago · Under the terms, Pennsylvania regulators will provide Washington, D.C.-based FTI Consulting $20 million to act as an independent monitor and manager of Crozer while Prospect continues to search ...

5 hours ago · A U.S. bankruptcy court judge on Feb. 6 approved a preliminary plan for Prospect Medical Holdings to hand over operations of Upland, Pa.-based Crozer Health to FTI Consulting, a state-backed ...

1 day ago · The Pennsylvania Office of Attorney General and Prospect Medical Holdings struck a deal to have FTI Consulting temporarily run Crozer Health in Delaware County. The Washington D.C.-based firm will receive an unspecified amount of funding from the state to help keep the hospitals open, according to the latest filing with a federal bankruptcy judge.

1 day ago · The agreement requires final approval from a federal bankruptcy judge, with FTI expected to manage the facilities for at least 30 days if approved. Prospect Medical Holdings plans to sell Crozer Health to a not-for-profit group as it shifts focus to California. Currently, only two of Crozer's hospitals are operational, while others remain closed.