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Penn Medicine to take over two Crozer Health leases in $5M deal amid system bankruptcy

By The Daily Pennsylvanian  
   April 16, 2025

The University of Pennsylvania Health System is set to take over two Crozer Health leases as part of a $5 million deal to prevent the Delaware County-based health system from closing while its parent company goes through bankruptcy. Crozer Health and its owner Prospect Medical Holdings filed for bankruptcy in January, creating financial and public health concerns for the region. Delaware County also paid $1 million to FTI Consulting — an external firm that has managed Crozer since February — for "mental health services rendered" as part of the effort to keep the health system afloat.

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