Upper Darby School District is considering the purchase of the shuttered Delaware County Memorial Hospital next to its high school as a possible site for expansion. The building is owned by Prospect Medical Holdings, which filed for bankruptcy protection last month. “We’re always looking for opportunities. We need space,” Superintendent Dan McGarry said. Houlihan Lokey, an investment bank trying to sell Prospect properties, noted in a filing that it would waive its fee on the potential sale of the Drexel Hill hospital to the school district for $2 million. Prospect owes taxes to the school district and to the township for the hospital complex, but has been fighting in court over the properties’ value.
Source: Philadelphia Inquirer; 2/21/2025