ChristianaCare announced that they have secured the winning bid in a competitive auction to assume operational control of five outpatient facilities formerly operated by Crozer Health, further expanding its footprint in southeastern Pennsylvania.
“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. At the same time, by investing back into the communities we serve, we continue to expand the availability of convenient, high-quality care throughout the region,” said ChristianaCare President & CEO Janice E. Nevin, M.D., MPH.
Crozer Health’s parent company filed for Chapter 11 bankruptcy in January. As one of Crozer-Chester Medical Center’s closest neighbors, ChristianaCare has been engaged with Pennsylvania state and county officials and health care partners throughout the region in planning for the health care needs of the Delaware County community.
“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 Chief Strategy and Legal Officer Jennifer Schwartz. “At the same time, we continue our commitment to expand access to high-quality care in southeastern Pennsylvania, including primary care, a neighborhood hospital in West Grove, PA, opening in Summer 2025, and another in Aston opening in 2026. We also continue to explore options for an additional Delaware County neighborhood hospital location. We also continue to make investments in Delaware and Maryland to bring new treatments and technologies and create new access to care throughout the communities we serve.”
The sale is expected to close in the near future, subject to court approval. The total winning bid was $50.3 million. ChristianaCare is actively assessing the programs and services that are provided at these outpatient centers to determine which services to continue, restart or grow.
The five facilities are located at:
300 Evergreen Drive, Glen Mills
500 Evergreen Drive, Glen Mills
2010 West Chester Pike, Havertown
30 Lawrence Road, Broomall
200 East State Street, Media
Cain Brothers, a division of KeyBanc Capital Markets, served as the exclusive financial advisor to ChristianaCare on this transaction. McCarter & English, LLP served as legal counsel.
