Crozer Health closure will cost schools, boroughs millions in tax revenue

Dated: May 17 2025

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The abrupt closure of Crozer Health, Delaware County’s largest health system, will cost nearby school districts, boroughs and townships millions of dollars in tax revenue each year. Crozer-Chester Medical Center, the system’s flagship hospital, and its corporate offices sit in Upland Borough. The financially distressed Chester Upland School District stands to lose $2.2 million in annual tax revenue, according to district receiver Nafis Nichols. Prospect also owns Taylor Hospital in nearby Ridley Park. Lee Ann Wentzel, the superintendent of Ridley School District, said Prospect owes the district approximately $500,000 each year in taxes — a figure that she said the for-profit company hasn’t paid since the parties negotiated a tax assessment settlement in 2021. In 2024, the borough of Ridley Park approved a 17% property tax increase on residents to account for Prospect’s unpaid tax bills. Upland Borough is in a similar predicament, with officials releasing a statement saying “the financial strain this will cause is immeasurable.” Read more at WHYY.
Source: WHYY; 4/30/2025

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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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