Tag: Pottstown Hospital

Stonebridge Health and Lehigh Valley Health Network have not given up attempts to acquire Tower Health. Their combined interest continues for the parent company of…

Tower Health has recorded a massive loss on the five hospitals it acquired in the region in 2017, including Brandywine, Phoenixville hospitals as well as…

Reading-based Tower Health — the parent company of Pottstown Hospital, as well as Brandywine and Phoenixville hospitals, and the soon-to-close Jennersville Hospital — has…

A Chester County judge did not approve Tower Health’s application for property tax exemptions on Brandywine, Jennersville, and Phoenixville hospitals, writes Harold Brubaker for…

In a bid to dig itself out from massive losses, Tower Health has decided to close Jennersville Hospital in West Grove and sell Chestnut Hill…

Tower Health, the owner of Pottstown Hospital, is keeping its interim president and CEO Sue Perrotty at the helm until the completion of its financial…

Tower Health, the owner of Pottstown Hospital, is moving its liver and kidney transplant program from Reading Hospital to Penn Medicine, writes Harold Brubaker for…

Financially troubled Tower Health, the owner of Pottstown hospitals, along with Brandywine, Jennersville, and Phoenixville hospitals, has decided to withdraw from the market and is…

After previously deciding against bidding for the financially troubled Tower Health, Lehigh Valley Health Network and StoneBridge Health have reconsidered. John George covered the change…

After five months of deliberations, Lehigh Valley Health Network and Bucks County-based StoneBridge Healthcare have decided not to bid on the financially troubled Tower…

The majority of Montgomery County hospitals saw their revenue and margins fall sharply during the coronavirus pandemic, write Paul J. Gough and Ryan Sharrow for…

The newly released Leapfrog hospital safety grades, an employee-driven hospital rating system, has awarded top marks to three Montgomery County hospitals, writes Harold Brubaker…

Tower Health, which owns Pottstown Hospital and other local hospitals across the nearby counties, is implementing new cost-cutting measures to save $70 million by…

In early 2016, Tower Health—then called Reading Health System—was considering using the cash it had on hand to build two small local hospitals…

Tower Health, the financially struggling health system that owns several local hospitals, is having trouble finding interested parties after putting all its hospitals and related…

Tower Health, which owns Montgomery County’s Pottstown Hospital, received a three-tier credit downgrade from Fitch Ratings on Monday, writes Harold Brubaker for The…

Tower Health, the financially struggling health system that owns Pottstown Hospital, has parted ways with its CEO and has replaced him with a board member…

Tower Health will implement temporary salary cuts of 10 percent or 15 percent for its executives and managers, including those at Pottstown Hospital and Chestnut…