The new owners of Crozer-Chester Medical Center closed plans to return essential healthcare services to thousands of people in Delaware County.
car stocks, The new owner of Crozer-Chester Medical Centercompleted the purchase of the defunct hospital on Wednesday in partnership with Allaire Health Services, after its parent company filed for bankruptcy, causing the hospital to close.
Chariot said in a news release that it plans to restore hospital and emergency services at the 64-acre campus in Upland. He hopes to find a “right-sized redevelopment strategy” that focuses on “long-term sustainability.”
Chariot aims to finalize an agreement with a “mission-aligned health system” within six months and offer the first phase of essential health services within two years.
“Our belief in the future of Delaware County and the community’s need for sustainable access to health care made it worthwhile to commit to this effort long before the finish line,” Yoel Polack, founder and director of Chariot Equities, said in a statement. “This initiative reflects the belief in aligning real capital behind the mission of building a healthcare delivery model that benefits all stakeholders: patients, providers and payers alike.”
Chariot said it has had conversations with regional and national nonprofit health systems about reopening the Crozer campus. Local and state officials and other community leaders have also participated.
“The closure of Crozer-Chester Medical Center had a devastating impact on access to health care for Delaware County residents and we are still feeling the effects across the county,” Democratic Rep. Leanne Krueger said in a statement. “This proposal represents a new approach and I am encouraged by their commitment to partnering with a nonprofit operator to restore high-quality health care to our community.”
Health Crozerwhich was the largest health care system in Delaware County, closed its doors in May 2025 after plans to keep the health system open failed.
Over the years, the Crozer Health system saw Taylor Hospital, Springfield Hospital and Delaware County Memorial Hospital close.
Krueger said the initial bidder for Springfield Hospital, which closed in 2022, failed to close the sale of the property. Prospect Medical Holdings, Crozer’s former parent company, is now in the process of selling Springfield Hospital to KQT Aikens Partners, which is the same local investment group that bought Taylor Hospital in Ridley Park last September.
According to Krueger, KQT Aikens Partners is seeking a nonprofit health care operator to reopen services in Taylor.
Crozer Health served Delco for generations. The closure caused about 2,600 layoffs and left Delaware County with only two hospitals: Puzzle Hospital in Media and Mercy Fitzgerald in Darby. It also forced many Delaware County residents struggling to receive medical care.
Delaware County’s delegation of state legislators previously asked Pennsylvania Attorney General Dave Sunday to open a criminal investigation in perspective.
“We are eager to bring that operational discipline and patient-centered culture to this project,” Benjamin Kurland, president and CEO of Allaire Health Services, said in a statement. “Our shared goal is to rebuild trust and restore the essential health care services this community deserves. We look forward to working with the Commonwealth, Delaware County leadership and local residents to establish a facility that is responsive to the community’s needs.”
