Daily News | Can cash-strapped Delaware County Memorial Hospital make money by pivoting to mental health care?
, but it would be highly unusual for the hospital to reopen in its traditional form, experts said. It is also not a sure bet that Prospect can turn a profit by pivoting to mental health.Crozer loses $1.5 million for every month that Delaware County Memorial sits empty, said Tony Esposito, Crozer’s chief executive. He estimated that it would be slightly profitable under the plan for inpatient psychiatric and drug-treatment services.
“There’s not a lot of financial incentive to do a behavioral health facility or psychiatric hospital,” she said. Crozer also plans to open an adult inpatient acute detox and rehab unit with 40 beds at Delaware County Memorial. In February, Prospect closed an inpatient addiction treatment center with similar capacity at Crozer-Chester that it does not plan to reopen.
Crozer plans to keep Crozer-Chester’s crisis center, where the number patients visits exploded after the Mercy Fitzgerald closure, Esposito said. But County Council still has to approve a contract extension beyond Dec. 31.
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