Prospect gets OK to ‘abandon’ Crozer-Chester Medical Center and Springfield Hospital if sales don’t go through

Prospect held an auction for Crozer-Chester Medical Center and Springfield Hospital on Friday afternoon. It says it has bids totaling $10 million for the two properties.
USA Herald

Judge Approves Prospect Medical $45M Yale Health Deal Amid Bankruptcy Push

In a dramatic turn inside a Texas courtroom, U.S. Bankruptcy Judge Stacey G. Jernigan on Friday approved a $45 million ...
WHYY

Judge will allow Prospect to abandon Crozer-Chester Medical Center and Springfield Hospital if a sale fails

U.S. Bankruptcy Judge Stacey Jernigan granted a motion Friday allowing Prospect Medical Holdings to abandon Crozer-Chester ...

Crozer-Chester Medical Center and Springfield Hospital would be ‘abandoned’ under Prospect Medical bankruptcy motion

The move came amid preparations for a bankruptcy auction of the two shuttered hospitals and difficult negotiations over tax ...
Yahoo

Fate of Prospect Medical Holdings’ Conn. hospitals remains in limbo

Waterbury Hospital is one of three hospitals owned by Prospect Medical Holdings. (Photo by Shahrzad Rasekh/CT Mirror) Two weeks ago, Prospect Medical Holdings said an announcement regarding initial ...
Hartford Courant

Officials say bidding process delays could endanger CT hospitals. Situation called ‘dire.’

As the bidding process for a buyer to acquire Prospect Medical Holdings’ three Connecticut hospitals drags on, the California-based company is facing financial challenges officials warn could ...