Crozer Health website: Crozer Health
On June 28, 2016, Prospect Medical Holdings, Inc. acquired Crozer Health switching it to a for-profit health system. Crozer Health consists of four Pennsylvania hospitals: Crozer-Chester Medical Center in Upland, Delaware County Memorial Hospital in Drexel
Hill, Springfield Hospital in Springfield, and Taylor Hospital in Ridley Park.
In February 2022, Wilmington-based ChristianaCare Health System signed a letter of intent to acquire Crozer Health from its parent company, Prospect Medical Holdings. After months of negotiation, ChristianaCare decided not to buy Crozer Health.
In November 2022, the Pennsylvania Department of Health closed Delaware County Memorial Hospital for inadequate staffing. According to the Crozer Health website, this hospital continues to remain temporarily closed. Review the Crozer Health website
for updates on this hospital.
On August 7, 2024, Prospect Medical Holdings, Inc. signed a letter of intent to sell Crozer Health to a New Jersey real estate company CHA Partners, LLC. The plan calls for CHA to work with Healthcare Preferred Partners, an affiliated company, on
the management of Crozer and its conversion back into a nonprofit. Click here to review the Letter of Intent Between Prospect Medical and CHA Partners, LLC | Crozer Health
On October 29, 2024, Pennsylvania Attorney General Michelle Henry announced the filing of a lawsuit against Prospect Medical Holdings, Inc. The lawsuit alleges Prospect Medical has broken an Asset Purchase Agreement, approved by a court in 2016, by cutting
services and closing facilities, while diverting funds to private shareholders and investors, rather than supporting the healthcare network. The lawsuit is also seeking a preliminary injunction to preserve existing service lines, the appointment of
a receiver to manage the Crozer Health System for the immediate future to avoid additional closures and cuts to services. Click here to read the press release, complaint, and injunction.
On October 31, 2024, Prospect took action to transfer the case to federal court.
On November 12, 2024, the federal court set a timeline for the parties to respond to the initial case filings and invoked a state statute that will prohibit Prospect from any service cutbacks prior to July 1, 2025.
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