Prospect Medical Holdings is eager to sell PA-based Crozer Health, its struggling four-hospital system in Delaware County, WHYY reports.
The for-profit hospital company may now have the chance to fulfill its wishes.
Prospect reached a deal with the Foundation for Delaware County and the Pennsylvania Attorney General’s Office to halt active litigation against it to open a 270-day window to sell Crozer to a successor.
The parties filed a written agreement with the court, asking for the judge’s approval. The Foundation for Delaware County said it anticipates Prospect will seek proposals for the hospital system transfer during this pause in legal proceedings. Read more.
