Prospect Medical Holdings ‒ the bankrupt owner of Waterbury, Rockville General and Manchester Memorial hospitals ‒ announced Monday it would close down two Pennsylvania hospitals after failing to find buyers or operating cash amid its financial struggles.
“Today, Prospect Medical Holdings made the extremely difficult decision to begin winding down operations across our Crozer Health facilities,” the company said in a statement. “At this time, the focus at Crozer Health remains on seamlessly transitioning patients to other health facilities so that they can continue to receive the critical, uninterrupted care they require, and to support Crozer Health team members as they seek to identify other employment opportunities.”
Starting on Wednesday, ambulances will be diverted from the two hospitals ‒ Crozer-Chester Medical Center in Chester and Taylor Hospital in Ridley Park. New patients will no longer be admitted to the hospitals and resident patients will start being transferred to other facilities, according to a closure plan filed with the court. “Along with the governor’s office and other state and local leaders, we worked tirelessly to avoid this outcome,” the Pennsylvania attorney general’s office said in a statement. “Unfortunately, the damage inflicted by Leonard Green & Partners — the private equity owners of Prospect — who prioritized their own wealth over the wellbeing of a community, was too much to overcome.”…