Pennsylvania officials and Prospect Medical Holdings have reached a preliminary agreement to have FTI Consulting temporarily manage the four-hospital system in Delaware County.
Several hospitals and one health systems has already filed for bankruptcy in 2025. Despite hospital operating margins gradually improving, headwinds persist.
Daily Times on MSN43m
Sources: Shapiro says Pa. would ante up $10M to fund an overseer of Crozer Health for 30 days, if a judge agreesGov. Josh Shapiro has said the state could be providing $10 million of state funding for a receiver to be put in place, if a court were to approve an agreement between Prospect Medical Holdings Inc.
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