DREXEL HILL, Pa. - Crozer Hospital in Delaware County will lay off more than 200 employees amid what hospital leaders call "growing financial pressures on hospitals and health systems." Crozer, located in Drexel Hill, closed its emergency room last year and claims It's still losing millions of dollars each month.
As other hospitals and healthcare systems wade through treacherous waters to stay afloat, local leaders and concerned residents are wondering why Crozer can't also shoulder the burden. "They have consistently made poor financial decisions, and then these latest layoffs are really just another example of how they are unable to operate a functioning hospital system," Francis Sheehan of Foundation for Delaware County said.
Sheehan asserts that nearby non-profit hospital chains are managing to get by with under massive oversight, but Crozer - which is under practically no oversight - is struggling. "It doesn't make any sense, because in the case of a not-for-profit system like Penn or CHOP or Jefferson or Main Line, do you have a community board over seeing things," Sheehan said. "You have to disclose your financial operation in engage the community in your work."Meanwhile, Crozer is laying off roughly 4% of its workforce under newly announced restructuring plans.