Healthcare
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Personal Tragedy Led Exton’s Kensey Nash Founder to New Role as Lungpacer Medical CEO
Personal tragedy led Doug Evans, founder of Exton-based Kensey Nash, to change his business trajectory and become CEO of Vancouver-based Lungpacer Medical, writes Brian Gormley for The Wall Street Journal. Evans’ career soared in June 2012, when the Chester County company that he founded was sold for $360 million. At the same time, his personal…
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Rothman Orthopaedics Relocates South Philadelphia Office to Navy Yard
Rothman Orthopaedics, a nationally renowned leader in orthopedic care for more than 50 years, is expanding its footprint in the region with the opening of a new office at the Navy Yard in South Philadelphia. The new location — 1 Crescent Drive, Suite 401 — will begin seeing patients on June 30. This move reflects…
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East Norriton’s Suburban Community Hospital Transitions to Behavioral Health Center
East Norriton’s Suburban Community Hospital will end its run as a full-service facility next month and officially reopen as a behavioral health center for older adults, writes Sarah Gantz for the Philadelphia Inquirer. The transformation follows years of dwindling patient volumes and staffing shortfalls. Though licensed for 126 beds, the hospital averaged just 23 patients…
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Pottstown to Open What May Be the First Homeless Shelter of Its Kind in the Nation
A 24/7 shelter for single adults — perhaps the first of its kind in the nation — is being planned by Pottstown Beacon of Hope, a support outreach for displaced borough residents. Emily Rizzo’s story on it was welcomed in at WHYY. The proposed resource is a 45-bed facility for noncongregant singles, meaning each occupant…
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Here’s Why the Healthcare Nonprofits Couldn’t Save Crozer Health
A coalition of six area health care systems rallied together for months in an effort to save Crozer Health, but two major roadblocks kept it from happening, writes John George for the Philadelphia Business Journal. What the coalition needed, and couldn’t find, was “backstop” funding to protect the contributing health care systems from taking on…
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King of Prussia-Based Universal Health Services Unveils New AI Initiative
King of Prussia-based Universal Health Services unveiled a new artificial intelligence initiative earlier this week, writes John George for the Philadelphia Business Journal. The company partnered with California-based Hippocratic AI to deploy generative AI agents to handle discharge follow-up calls to patients. The aim of the initiative is to support clinicians in monitoring patients after…
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Swiss Patient Returns to Penn Medicine Following Life-Changing Double Hand Transplant
Luka Krizanac, a patient from Switzerland, recently returned to Philadelphia for a visit to Penn Medicine, the hospital where he underwent a life-changing double hand transplant, writes Stephanie Stahl and Brad Nau for CBS News Philadelphia. For the first time in 17 years thanks to the transplant, Krizanac is able to text on his phone…
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Redeemer Health Says Recovery is Underway Despite Credit Downgrade
Abington’s Redeemer Health just had its credit rating downgraded by Fitch Ratings, a sign that the health system is still under serious financial stress, writes John George for the Philadelphia Business Journal. The drop to a B+ rating means there’s a higher risk that Redeemer might struggle to pay back its debts. The health system…
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Acclaimed Clinician Named Chief of Cardiac Anesthesia for Nemours Children’s Health in the Delaware Valley
Nemours Children’s Health has named Dr. Mark Twite its Chief of Cardiac Anesthesia and Co-Director of the Nemours Children’s Cardiac Center in the Delaware Valley. In this new role, Dr. Twite will lead the delivery of cardiac anesthesia services with oversight of the region’s cardiac anesthesia program. He will also play a pivotal role in…
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Arcadia University President Talks Student-Run Pro Bono Physical Therapy Clinic
Arcadia University in Glenside is helping uninsured and underinsured community members access physical therapy through a student-run pro bono clinic, reports Keith Jones for NBC10 Philadelphia. “It’s part of Arcadia University’s nationally recognized Doctor of Physical Therapy program,” said President of Arcadia University, Ajay Nair. “It offers no-cost physical therapy services to uninsured and underinsured…
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Wynnewood’s Jeffrey Lurie Opens Autism Institute with Colossal Donation
Philadelphia Eagles owner Jeffrey Lurie has made a landmark $50 million donation to create the Lurie Autism Institute, writes Harold Brubaker for the Philadelphia Inquirer. Announced last week, the institute is a joint initiative between the Children’s Hospital of Philadelphia and Penn Medicine aimed at advancing autism research. It will focus on studying causes and…
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Crozer Hospitals Put Up for Sale as Springfield OKs Microhospital
As displaced Crozer Health patients overwhelm emergency rooms at Delaware County’s two remaining hospitals, four other closed hospitals in Delaware County, and their contents, are being sold. Crozer-Chester Medical Center in Upland, Delaware County Memorial Hospital in Drexel Hill, Taylor Hospital in Ridley Park, and Springfield Hospital in Springfield are all up for sale. A…
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Pottstown Hospital Wins Tax Exemption in Controversial Ruling
The Pennsylvania Supreme Court ruled in favor of Pottstown Hospital’s nonprofit status, writes Harold Brubaker for the Philadelphia Inquirer. The high-profile decision solidifies the hospital’s eligibility for tax-exempt status, despite executive bonuses tied to profits. The 5-2 ruling overturns a previous decision by the Commonwealth Court that had sided with the Pottstown School District. The…
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Cardiology Consultants of Philadelphia to Open King of Prussia Surgery Center
Cardiology Consultants of Philadelphia has partnered with Penn Medicine and other providers to open an ambulatory surgery center in King of Prussia, writes Harold Brubaker for The Philadelphia Inquirer. The $10 million facility that has three operating rooms and one procedure room will open late this year and offer same-day, nonemergency treatments. The center will…
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See How Chester County Hospitals Rank in ER Visit Times
An emergency room visit to Chester County hospitals can take anywhere from three to four hours, according to the most recent data from the Centers for Medicare and Medicaid Services, write Lizzie Mulvey and Sarah Gantz for The Philadelphia Inquirer. Overall in the Philadelphia region, the average time for a typical emergency room visit is…
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ChristianaCare Wins Bid for 5 Former Crozer Health Locations
The Delaware healthcare nonprofit ChristianaCare announced Wednesday that it was the successful bidder in a highly competitive auction for five former Crozer Health outpatient service locations in Delaware County. ChristianaCare will be taking over programs and services at: • 300 Evergreen Dr., Glen Mills • 500 Evergreen Dr., Glen Mills • 2010 West Chester Pike,…
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Jefferson Health Abington, Einstein Medical Among Best Hospitals for Maternity Care According to U.S. News
Jefferson Health-Abington Hospital and Einstein Medical Center Montgomery are two of thirteen Philadelphia-area medical centers that are rated as “high performing” in U.S. News & World Report’s latest ranking of the nation’s top maternity hospitals, writes John George for the Philadelphia Business Journal. The 2025 Best Hospitals for Maternity Care ranking identifies Greater Philadelphia as…
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Tower Health Inches Toward Profit, Pottstown Still Catching Up
Tower Health is inching closer to profitability, but Pottstown and Phoenixville hospitals are still in the red, writes John George for the Philadelphia Business Journal. In the latest financial report for fiscal 2025, Tower’s flagship Reading Hospital posted a robust $176.2 million in operating income through the first nine months. Meanwhile, Pottstown Hospital reported a…
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