Politics & Government

Shapiro, Pa. Leaders, Former Crozer Health Staff Promote Bills To Limit Private Equity In Health Care

Over 2,000 health care workers lost their jobs and the county is now down to two hospitals, Riddle and Mercy Fitzgerald.

(CBS Philadelphia)

May 16, 2025

In the wake of the closures of Crozer-Chester Medical Center and Taylor Hospital in Delaware County, Pennsylvania, state leaders are pushing to limit private equity companies' influence on health care in the state.

Find out what's happening in Philadelphiafor free with the latest updates from Patch.

The two hospitals closed in recent weeks after their owner, Prospect Medical Holdings, declared bankruptcy. Multiple infusions of cash from the state, county and local health systems kept the hospitals open a little longer, but ultimately, Crozer-Chester's last day open was May 2, after Taylor Hospital closed April 26.

Over 2,000 health care workers lost their jobs and the county is now down to two hospitals, Riddle and Mercy Fitzgerald.

Find out what's happening in Philadelphiafor free with the latest updates from Patch.

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