Einstein Montgomery part of preliminary sale to Thomas Jefferson University

By

Einstein Healthcare has been losing money for several years, and the merger with Thomas Jefferson University that might save it has been put on hold.(MONTCO.Today file photo)

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.

[uam_ad id=”54865″]

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.”

To read the complete story click here. 

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.

[uam_ad id=”54875″]

Stay Connected, Stay Informed

Subscribe for great stories in your community!

"*" indicates required fields

Hidden
MT Yes
This field is for validation purposes and should be left unchanged.
Advertisement