Einstein Montgomery part of preliminary sale to Thomas Jefferson University
Einstein Montgomery in East Norriton Township is one of the hospitals expected to be acquired by Thomas Jefferson University and become part of the ever-expanding Jefferson Health System.
Thomas Jefferson University has struck a preliminary deal to acquire Einstein Healthcare Network, marking the sixth acquisition by Jefferson since chief executive Stephen K. Klasko took over in 2013 and one that would reunite all but one of the components of the former Jefferson Health System, writes Harold Brubaker for philly.com.
Klasko on Tuesday called Einstein,with hospitals in North Philadelphia and East Norriton, Montgomery County, the “missing piece” in his bid to create a health system with “the kind of scale where we could become the place that starts to get care out to where people are.”
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Einstein Montgomery was created after Einstein bought Montgomery Hospital in Norristown. Montgomery Hospital was closed down and eventually raised, making way for a 55 and older community.
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