Private Investor Group Acquires Taylor Hospital

Group states they plan to reestablish medical services pending court approval

Rep. Leanne Krueger September 9, 2025

Last Friday, Sept. 5, a private investor group known as KQT Aikens Partners acquired the former Taylor Hospital in Ridley Park for $1 million. The group has stated that they plan to reestablish medical services, including an emergency room, but the deal still requires approval from the bankruptcy court.

Prospect Medical Holdings, the California-based private equity firm that owned Crozer Health System, filed for bankruptcy in January and subsequently closed all four hospitals. As reported several weeks ago, the former Delaware County Memorial Hospital was sold to the Upper Darby School District, which plans to use the property for a high school expansion.

Prospect’s next hearing is scheduled for Tuesday, September 23, at 2:30 p.m. For those interested in following the bankruptcy case more closely, Prospect Medical Holdings has created a website with information, including court documents, hearing dates, and a link to watch upcoming hearings:

https://cases.omniagentsolutions.com/?clientId=3725 and https://us-courts.webex.com/meet/jerniga.

Send Feedback