ChristianaCare will take over operations at five Crozer Health outpatient centers in Pennsylvania after submitting the winning $50.3 million bid in a court-supervised auction process tied to Crozer’s ongoing bankruptcy.

The Wilmington, Delaware-based health system plans to assume control of facilities located in Glen Mills, Havertown, Broomall, and Media, all in Delaware County. The transaction remains subject to court approval and is expected to close soon.

ChristianaCare's acquisition follows the January Chapter 11 bankruptcy filing by Prospect Medical Holdings, the parent company of Crozer Health. In the months since, ChristianaCare has been working with Pennsylvania officials and regional healthcare organizations to address the area’s evolving care needs.
“As we work to meet the needs of our Delaware County neighbors, we are glad that ChristianaCare is able to take on these outpatient centers and provide stability and continuity of access to care for patients,” said president and CEO Janice Nevin, M.D., MPH.

The acquired locations will complement ChristianaCare’s planned expansions in southeastern Pennsylvania, including neighborhood hospitals in West Grove and Aston set to open in 2025 and 2026, respectively.

“These facilities will complement the new campuses and neighborhood hospitals we are building in southeastern Pennsylvania, and together they will significantly expand our network of care,” said Jennifer Schwartz, chief strategy and legal officer.

ChristianaCare is currently evaluating which services will continue, resume, or expand at the newly acquired centers. According to the organization, the goal is to ensure that access to outpatient care remains uninterrupted during the transition.

Cain Brothers, a division of KeyBanc Capital Markets, served as ChristianaCare’s financial advisor on the deal. Legal counsel was provided by McCarter & English LLP.

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