The new local owners of Taylor Hospital in Ridley Park are talking with nonprofit healthcare providers about running its day-to-day operations, writes John George for Philadelphia Business Journal.
“We want to be, basically, a landlord,” said Todd Strine, who leads the group of private investors who bought the 100-bed hospital for $1 million. “We want to work with a good nonprofit operator that would come in and take over the hospital.”
The owners say they plan to talk with several regional providers about using the site, including Penn Medicine, Jefferson Health, Temple Health, ChristianaCare, Main Line Health, Trinity Health Mid-Atlantic, and Children’s Hospital of Philadelphia.
The types of services available would be determined by the health system that wants to lease the building.
Some discussions have already started, Strine said.
“We’ve been amazed by the initial expression of interest,” Strine said. “We also feel it’s important to get the message out that it’s a new day here — and we’ve cleaned up the old [financial] mess.”
They hope to have a tenant by the end of this year or early next year.
Taylor Hospital was closed earlier in 2025 by then-owner Prospect Medical Holdings amid bankruptcy proceedings.
Read more about what convinced the Strine Group to buy the hospital in the Philadelphia Business Journal.
