Prospect Medical Holdings plans to sell Crozer Health to a nonprofit group to keep hospitals open for the community.

Prospect Medical Holdings plans to sell Crozer Health, a Delaware County hospital system, to a not-for-profit consortium to ensure continued access to healthcare for the community. The deal, which still needs federal bankruptcy court approval, involves state officials and aims to keep the hospitals operational for public benefit rather than profit. Details of the consortium and final agreement are pending.

2 months ago
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