2 days ago · 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 ...

2 days 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.

3 days 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.” # # #

2 days ago · FTI Consulting, a global management advisory firm, would also take over management of Crozer for at least 30 days giving Prospect more time to find a buyer for the health system.

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 ...

The temporary manager from FTI Consulting Inc. is expected to assume control of the Crozer hospitals quickly. FTI is a national advisory firm with a division that provides crisis management for ...

2 days ago · "Crozer Health looks forward to working constructively with the Commonwealth of Pennsylvania and FTI Consulting to ensure that our communities continue to receive uninterrupted access to the ...

3 days 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 ...

1 day 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 ...

Oct 30, 2024 · If approved, the receiver would have “complete management authority” over Crozer, adding an additional level of transparency officials have found to be lacking from Prospect. The Inquirer first reported that management …