Crozer Health nears deal with Penn Medicine to keep Delaware County health system open
In a bankruptcy court hearing late Monday afternoon, attorneys for Crozer Health's parent company Prospect Medical Holdings ...
UPenn and Delaware County working on deal to save bankrupt Crozer hospitals, Prospect lawyer says
More details could be known Wednesday on what the future holds for Crozer-Chester Medical Center in Upland and Taylor ...
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‘We’re on a roll,’ judge says; Penn Med deal for Crozer Health being negotiated
Signs are improving that Crozer Health will stay in business. The Foundation for Delaware County to provide even more money to keep Crozer operations going until April 1, when a deal is ...
Crozer Health, Penn Medicine close to deal to keep Delaware County hospitals open
In a bankruptcy court hearing Monday, attorneys for Crozer Health's parent company Prospect Medical Holdings told the judge ...
Business school teaching case study: Is quality healthcare possible under private equity ownership?
Private equity fund Warburg Pincus bought the Ottumwa hospital in 2010 and sold it in 2015 to Apollo Global Management’s Fund VIII. In 2018, Apollo bought the hospital chain Lifepoint for $5.6bn and ...
Cybersecurity Class-Action Liability in Pennsylvania—Where Are We At, and What’s Next?
Recent developments in issues such as legal standing and duty have allowed plaintiffs to survive the pleading stage, thereby expanding the scope and the future trajectory of cybersecurity liability in ...
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Private Credit Restructuring: Priming DIPs in Focus
In most chapter 11 cases, existing first lien lenders provide post-petition financing to preserve collateral value and maximize recovery. In ...
‘A zombie movie’: Sweetwater trailer park looted, residents afraid as eviction date nears
As residents clear out of the Li’l Abner mobile home park, looting, vandalism and trash have created an environment of fear ...