New-Jersey-based Chariot Equities and Allaire Health Services have bought the shuttered, 400-bed Crozer-Chester Medical Center in Upland Borough for $10 million. The new owners plan to reopen it within two years as a “right-sized” acute-care hospital offering emergency, inpatient and ambulatory services, after Prospect Medical closed the former flagship facility of Crozer Health last spring amid bankruptcy. Chariot said it is seeking a nonprofit health system partner within six months to operate the 64-acre campus, and state and county leaders welcomed the proposal as a path to restoring badly needed health care access in Delaware County, which has struggled since the hospital’s closure.
Source: Philadelphia Business Journal; 1/21/2026