Pennsylvania health system to cease operations
- Prospect Medical Holdings announced Monday it will wind down operations at two Pennsylvania hospitals.
- The company cited losing millions each month and failing to find a buyer for the facilities.
- Prospect filed a WARN notice stating 2,651 employees face elimination beginning Friday and concluding by May 2.
- Reports indicate hospitals lost $12 million monthly and $98 million in six months before the filing.
- Pennsylvania Governor Josh Shapiro criticized Prospect and seeks legislation against private equity in healthcare.
14 Articles
14 Articles

Bankruptcy judge supports expedited closure of Crozer hospitals
A Texas bankruptcy court judge expressed her support of the expedited closure of Crozer Health hospitals as early as May 2 as facilities at Brinton Lake, Broomall and Haverford are expected to remain open through a bidding process. But she wished it had ended differently. “Sadly, it seems like we just don’t have any other options,” U.S. Bankruptcy Court Chief Justice Stacey G.C. Jernigan of the Northern District of Texas, said in a special closu…
Crozer Hospitals to close in Delaware County
DELAWARE COUNTY, Pa. (WPHL/WJET/WFXP) — After months of legal proceedings and last-minute attempts, Crozer Health System is set to shut down as early as May 2. The system's owner, Prospect Medical Holdings, which filed for bankruptcy in early January, filed for the closure of its Pennsylvania hospitals Monday. Prospect currently owns two Pennsylvania hospitals, Crozer-Chester Medical Center in Upland and Taylor Hospital in Ridley Park, both in D…
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