Crozer’s Delaware County hospitals get reprieve

Dated: March 14 2025

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A deal has been reached to provide short-term funding to prevent an abrupt closure of Delaware County’s Crozer-Chester Medical Center and Taylor Hospital. The Foundation for Delaware County agreed to provide an undisclosed amount of money to keep Crozer from closing, according to a joint statement from the Pennsylvania Attorney General’s Office and the foundation. The foundation was created to support health needs in the community as part of the health system’s 2016 acquisition by Prospect Medical Holdings, a for-profit entity based in California. The statement said the short-term funding would “keep Crozer Health open for the immediate future while permanent restructuring of the system is solidified,” but it did not specify for how long. At a bankruptcy hearing, Crozer’s bankrupt owner, Prospect Medical Holdings, said it would no longer pay the 3,200 doctors, nurses and employees who work for Delaware County’s largest health-care provider in the immediate future. The agreement marks the second time an infusion of cash forestalled Prospect’s closure of Crozer, which provides a health care safety net in an area that doesn’t have easily accessible alternatives.
Source: Philadelphia Inquirer; 3/10/2025

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Pete McGuinn

Pete McGuinn - Your Trusted RE/MAX Main Line Real Estate Expert With over 22 years of experience as a full-time REALTOR® at RE/MAX Main Line, Pete McGuinn is a distinguished real estate professional....

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