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After Crozer Health’s parent company filed for Chapter 11 in January, ChristianaCare began talks with Pennsylvania officials and local partners to address Delaware County’s healthcare needs.
After Crozer Health’s parent company filed for Chapter 11 in January, Christiana Care began talks with Pennsylvania officials and local partners to address Delaware County’s healthcare needs.
“These facilities will complement the new campuses and neighborhood hospitals we are building in southeastern Pennsylvania — and together they will significantly expand our network of care,”
— Jennifer Schwartz, Esq., Chief Strategy and Legal Officer
The total winning bid was $50.3 million. Cain Brothers, a division of KeyBanc Capital Markets, served as the exclusive financial advisor to Christiana Care on the transaction, while McCarter & English, LLP served as legal counsel, according to an official post from Christiana Care.
Read the official announcement:
Are you excited? How do you feel about this new project?
