The move by Prospect Medical Holdings was long expected. Its local hospitals, including Crozer-Chester Medical Center in Upland and Taylor Hospital in Ridley Park, are expected to continue operating.
While it’s encouraging to see continued stability in hospitals’ financial well-being over the past 12 months, historically slim margins indicate hospitals are not yet in a fully sustainable position,” ...
The Prospect Medical bankruptcy filing comes as the possibility of a state takeover of Crozer Health looms. The parent company of Crozer Health has filed for bankruptcy protection as the prospect ...