Crozer Health back up for sale, but only to a nonprofit buyer
An agreement stipulates Crozer can only be sold to a nonprofit. Meanwhile, its surgical residents are in a "race for the exits."
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An agreement stipulates Crozer can only be sold to a nonprofit. Meanwhile, its surgical residents are in a "race for the exits."
As part of the approved 270-day window to sell, Prospect has agreed to only engage nonprofit entities as buyers.
If Prospect Medical Holdings is to sell Crozer Health within the next 270 days, the new owner must be a nonprofit, according to a court-approved deal.
The order denied a motion to stay proceedings for 270 days while a new buyer for Prospect Crozer was sought and set new timetables.
Will decide whether Commonwealth Court erred in overturning an injunction against closure of the Upper Darby hospital's emergency room.