October 22, 2016 8:07 PM ET

Healthcare Providers and Services

Company Overview of Crozer-Keystone Health System Inc.

Company Overview

Crozer-Keystone Health System Inc., along with its subsidiaries, operates a chain of hospitals in Delaware County and surrounding areas. The company provides wellness, prevention, acute care, rehabilitation, and restorative care services. It offers healthcare services in the areas of anesthesiology and perioperative medicine, emergency medicine, obstetrics/gynecology, pediatrics, psychiatry, radiation oncology, allergy/immunology, cardiology, dermatology, endocrinology, gastroenterology, geriatrics, infectious disease, hematology/oncology, neonatology, nephrology, neurology, pulmonary disease, reproductive endocrinology, radiology, magnetic resonance imaging, nuclear medicine, orthopedic car...

100 West Sproul Road

Healthplex Pavilion II

Springfield, PA 19064

United States

Founded in 1990





Key Executives for Crozer-Keystone Health System Inc.

Chief Executive Officer, Executive Vice President, Chief Operating Officer and President of Crozer-Chester Medical Center
Age: 52
Chief Financial Officer and Senior Vice President
President of Taylor Hospital's Medical and Dental Staff
Member of Health Services Board
Member of Health Services Board
Compensation as of Fiscal Year 2016.

Crozer-Keystone Health System Inc. Key Developments

Crozer-Keystone Health System Announces Executive Changes

Crozer-Keystone Health System appointed a new chief executive officer and announced the retirement of its current CEO. Joan Richards, Crozer-Keystone's president and CEO since 2007, will retire July 31. She will be replaced by Patrick Gavin, who is currently the chief operating officer of the health system. Prospect named Gavin as Richard's replacement on July 11, 10 days after the hospital owner and operator closed on its acquisition of Crozer-Keystone. Gavin has been with Crozer-Keystone since 2010, when he became president of Crozer-Chester Medical Center. Two years later, he was named COO and executive vice president of the entire health system, while continuing his role leading Crozer-Chester Medical Center.

Crozer-Keystone Health System Inc. Announces Earnings Results for the Fiscal Year Ended June 30, 2015

Crozer-Keystone Health System Inc. announced earnings results for the fiscal year ended June 30, 2015. The company reduced its operating loss to $8.39 million from $32.91 million a year ago, while its total revenue was down slightly, to $762.61 million from $765.83 million a year ago.

Independence Blue Cross and Crozer-Keystone Health System Announce Long-Term Renewal Agreement

Independence Blue Cross and Crozer-Keystone Health System announced that they have renewed their agreement. This long-term renewal gives Independence members continued in-network access to all Crozer-Keystone facilities, employed physician practices, and ancillary providers. The agreement renews Crozer-Keystone's commitment to Independence's Accountable Care (ACO) payment model, which rewards hospitals and physicians for establishing an ACO-like entity that shares responsibility with the insurer for improving clinical performance and cost efficiency for the care delivered to patients. The ACO payment model, now in its fifth year, is a critical component of Independence's commitment to working collaboratively with physicians and hospitals to promote better coordinated, higher quality, and more cost-effective care.

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