Hearing set after Prospect asks judge to “abandon” 2 shuttered Delco hospitals

A hearing is set for Monday after attorneys for Prospect Medical Holdings asked a bankruptcy court judge to allow the company to “abandon” the shuttered Delaware County Memorial and Taylor hospitals in Pennsylvania.

In court papers, attorneys for Prospect say offers by outside parties to purchase the closed hospitals are far below liabilities on the properties. They described the real estate as “under water.”

CBS News Philadelphia reviewed tax records, revealing nearly $20 million in delinquent taxes on the properties in Ridley Park and Upper Darby…

Story continues

TRENDING NOW

LATEST LOCAL NEWS