Pottstown Hospital Owner Tower Health Ends Discussion with Trinity Over Potential Sale of Local Hospital
Tower Health, the owner of Pottstown Hospital, has ended its talks with Trinity Health Mid-Atlantic on the possible sale of Chestnut Hill Hospital, writes John George for the Philadelphia Business Journal.
The 148-bed Philadelphia hospital along with a group of over a dozen urgent care centers will remain with the financially ailing health system. Tower Health does not plan to close the hospital or the urgent care centers and their operations will continue as usual.
Both health systems have agreed to keep the details of their discussions confidential.
“While both organizations hoped for a different outcome, Trinity Health Mid-Atlantic determined that it could not identify enough synergies that would result in substantial benefits for patients and the community,” said Tower Health.
However, Tower Health continues to receive inquiries over Chestnut Hill Hospital and some of its 27 urgent care centers.
“We are currently evaluating a course of action for the future of these facilities that will best meet the needs of our patients and communities,” said the health system.
In the meantime, Tower Health plans to continue moving forward with its clinical alliance with Penn Medicine.
Read more about Tower Health and Chestnut Hill Hospital in the Philadelphia Business Journal.
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