Crozer Health’s owner, Prospect Medical Holdings, plans to file notices that it is closing Crozer-Chester Medical Center and Taylor Hospital. The ambulatory surgery and imaging centers at Brinton Lake, Broomall, Haverford and Media will remain open, pending a new operator taking over. Lawyers for Prospect, a for-profit company based in California, have said it needs to close the facilities because they lose too much money. Three rounds of funding, providing millions of dollars from the state, Delaware County, the Foundation for Delaware County and the University of Pennsylvania Health System, kept the system going temporarily after Prospect declared bankruptcy. The attorney general’s office and the governor’s office have been working for at least 18 months on a plan to get Crozer, Delaware County’s largest health system and major employer, under nonprofit ownership. One idea was that a group of local nonprofit health systems would support a new nonprofit that would acquire Crozer. It’s not clear that support for that model extended beyond Penn. Negotiations along those lines stalled because terms could not be reached on the amount of liability the new owner would have to assume.
Source: Philadelphia Inquirer; 4/21/2025
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Crozer-Chester Medical Center and Taylor Hospital are closing, Prospect says
Published Friday, April 25, 2025