A former Crozer Health property has been scooped up by new owners aspiring to open an emergency room in care gap-riddled Delaware County.
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Taylor Hospital at 175 E. Chester Pike in Ridley Park was purchased for $1M by a group of healthcare executives led by Todd Strine, majority owner of ambulance company Keystone Quality Transport, according to court documents obtained by The Philadelphia Inquirer.
“The ideal thing that could happen is we reopen an emergency room, because that’s what Delaware County needs,” he told the outlet.
“It’s a fact that Delaware County is less safe today than it was when these hospitals were operating,” Strine said.
Still, he said it is unlikely that a full hospital will open in the space vacated by Crozer in April.
The sale was finalized after county, municipal and school district officials agreed to lower the property’s taxable value from $60M to $1M for the next two years, which is less than the price of many nearby homes. They will be free to appeal the new value in 2027.
Taylor was one of four former Crozer properties that hit the market in June. Keen-Summit Capital Partners was recruited to handle the sale on behalf of Crozer’s bankrupt California-based parent company, Prospect Medical Holdings.
Crozer had previously petitioned the Texas court handling its bankruptcy proceedings for permission to abandon Taylor and the former Delaware County Memorial Hospital after it received offers that were far below the tax claims on the two properties.
Less than a week later, the Upper Darby School District bought Delco Memorial for $600K with plans to expand the neighboring high school.
Prospect’s bankruptcy and the resulting hospital closures have created major care gaps in parts of Delco, which created opportunities for other providers.
Vybe Urgent Care opened its fourth location in the county in Brookhaven after its Folsom outpost saw a 20% increase in patient volume following Crozer’s shutdown.
ChristianaCare, based in nearby Delaware, is also opening microhospitals in the county — one in Aston and another in Springfield.
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