Hospital Closures Turning Delco Into 3rd World — We caught Delaware County (Pa) Council Chairwoman Monica Taylor on the news last night, March 7, looking upset and horrified about Delco’s rapidly increasing spiral into 3rdworlddom with the imminent closure of three major hospitals.
The hospitals — Crozer-Chester Medical Center, Springfield and Taylor — are owned by Prospect Medical Holdings of California.
“We had six hospitals in Delaware County and now, due to Prospect, we may only have two hospitals left,” she said.
Two hospitals for 576,830 persons is pretty third worldish.
Why are they closing? Regulations, impractical mandates and perhaps a little corporate looting.
A competent government would not have let this happen.
Delaware County’s government is not competent.
But at least we now have a neato health department that gives out condoms and has electric vehicles.
And it only (LOL) costs $19 million.
Change is needed fast.
Not that we advocate corporate welfare but $19 million would have saved those hospitals.
Hospital Closures Turning Delco Into 3rd World
My first google site was this news article:
make?
CBS News has reported on a series of financial moves the company took to issue leadership a $457 million dividend in 2018. Prospect Medical’s CEO Sam Lee took home about $90 million while Leonard Green shareholders were paid $257 million.Jan 12, 2025
https://www.cbsnews.com
Prospect Medical Holdings files for bankruptcy after owners
I think it’s fair to say if Lee made $19 million less, that would have saved those hospitals.
Bill,
All I can do is “cut and paste” to transmit. Cannot take a screenshot and put it in thus message. So here is another “copy” of the bankruptcy proceedings from the PA attorney General.
at https://cases.omniagentsolutions.com/?clientId=3725.
The filings in bankruptcy court are separate from state requirements for closure of a health system. Prospect has not yet submitted a formal closure notice or a closure plan to the state for the Crozer Health System.
Negotiations are continuing this weekend. A final hearing is scheduled on this matter before the bankruptcy judge on March 11, 2025.
We know this is very stressful for patients and their families. The state will be overseeing this process and the county will monitor and share information as it
Thanks Joyce
Why would California care about Delco hospitals. That’s akin to saying Chicago would care about Delco election integrity.
Follow the money.
–Chicago would care about Delco election integrity.–
That’s a burn. Good one.