ChristianaCare Health System signed a letter of intent to acquire Crozer Health Medical Group from Prospect Medical Holdings, saying the move is intended to increase access to care and health equity.
With the agreement, ChristianaCare will gain ownership of Crozer Health hospitals' related businesses, real estate assets, ambulatory centers, medical office buildings, physician clinics and ancillary outpatient services, the not-for-profit regional health system said Friday.
"ChristianaCare and Crozer Health have been serving the people of northern Delaware, southeast Pennsylvania and parts of Maryland and New Jersey as neighbors for many years," said Dr. Janice Nevin, ChristianaCare president and CEO, in a news release. "We welcome this opportunity to explore a closer relationship with an organization that shares our commitment to value and service to the community."
The Pennsylvania hospitals being purchased, which are currently associated with Prospect, include the Crozer-Chester Medical Center, Delaware County Memorial Hospital, Springfield Hospital and Taylor Hospital.