Chariot Equities has purchased the now-closed Crozer-Chester Medical Center in Upland for $10 million and hopes to have an agreement within six months with a health system that could restore hospital and emergency services there.
The newly-created for-profit Chariot Equities completed the purchase on Wednesday. The plan is to open the first phase of the restored hospital within two years, according to a statement from Chariot, writes Harold Brubaker and Sarah Gantz for The Philadelphia Inquirer.
Chariot’s partner at Crozer-Chester is New Jersey-based nursing home operator Allaire Health Services…