DELAWARE COUNTY, PA – March 24, 2025 – Today, the U.S. Bankruptcy Court for the Northern District of Texas, currently overseeing the bankruptcy proceedings for Prospect Medical Holdings, the parent company for the Crozer Health System, held a status update hearing to discuss the current state of Crozer Health as it faces a possible closure due to mounting financial debt as a result of gross mismanagement by Prospect.
Below is Senator Kearney’s statement in response to today’s U.S. Bankruptcy Court status hearing concerning Crozer Health:
“Today’s status hearing in the U.S. Bankruptcy Court brought a much-needed sign of hope for the future of Crozer Health. I’m encouraged by the progress made and relieved that, as of today, the health system will not be closing its doors. This outcome would not have been possible without the dedication and cooperation of all parties involved.
“I would like to thank the Office of the Attorney General, The Governor’s Office, the Foundation for Delaware County, the Crozer Receiver FTI Consulting, the Patient Care Ombudsman, Prospect Medical and Delaware County for coming together in good faith this past Friday to prioritize the health and well-being of our community.
“The additional $13 million pledged by the Foundation is a critical step that buys us valuable time to secure a long-term solution—something we all know is essential to preserving local healthcare access in Delaware County. While challenges remain, today’s development makes me hopeful about the future of Crozer Health.
“I look forward to continued updates at the next hearing and remain focused on supporting pathways that ensure Crozer Health’s long-term stability and service to our communities.”