BREAKING Temple Health, partners to purchase Chestnut Hill Hospital from Tower Health
Temple Health is partnering with Redeemer Health and Philadelphia College of Osteopathic Medicine to purchase Chestnut Hill Hospital from Tower Health, the newly formed alliance announced Monday.
"Together, our organizations bring the expertise, resources, operational excellence and skilled clinical care to ensure that Chestnut Hill Hospital remains a durable and sustainable resource for the eastern Montgomery County and northwest Philadelphia communities," Michael Young, President and CEO of Temple Health, said in a statement.
Jay Feldstein, President and CEO of PCOM, said this move will help strengthen the college's clinical and graduate medical education capabilities.
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Temple Health and partners agree to buy Chestnut Hill Hospital from Tower HealthTemple's partners in the deal are Redeemer Health and Philadelphia College of Osteopathic Medicine.
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