The Philadelphia Inquirer Article About Tower Health

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Tower Health financial losses continue - Inquirer.com

(2 days ago) WebTower’s revenue in the year ended June 30 was $2.17 billion, down slightly from $2.19 billion the previous year. Its operating loss was $195 million, down from $244 …

https://www.inquirer.com/business/health/tower-health-finances-earnings-reading-hospital-20220823.html

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Tower Health’s plans were small before expanding big …

(9 days ago) WebTower Health’s plans were small before expanding big-time into the Philly area. The strategy in early 2016 — reinforced by McKinsey & Co. consultants later that year — was to form partnerships that would …

https://www.inquirer.com/business/health/tower-health-plans-hospitals-sale-bids-drexel-mckinsey-20210428.html

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Tower Health lost millions on its urgent care centers and says

(8 days ago) WebFive years ago, Tower Health paid $24 million for 19 urgent care centers, mostly in Southeastern Pennsylvania, as part of its expansion from Berks County into the …

https://www.msn.com/en-us/money/other/tower-health-lost-millions-on-its-urgent-care-centers-and-says-its-29-million-stake-in-st-chris-has-no-value/ar-AA1kCOXJ

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Tower adds to layoffs by Penn Medicine, Rothman, and Crozer

(5 days ago) WebRothman employs 1,800. Crozer Health, in Delaware County, announced a larger layoff of 215 people, or 4% of its workforce, as part of long-running effort to …

https://www.inquirer.com/health/tower-health-layoffs-penn-medicine-rothman-crozer-20230413.html

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Former Tower Health CEO Clint Matthews’ push for more

(3 days ago) WebClint Matthews got a $405,000 bonus for a hospital deal that went sour. Clint Matthews was president and chief executive of Tower Health when it acquired five …

https://www.inquirer.com/business/health/tower-health-ceo-clint-matthews-higher-pay-bonus-20211014.html

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Tower Health’s cash reserves fell by $54 million over the summer

(7 days ago) WebTower sold the Philadelphia hospital on Jan. 1. Excluding Chestnut Hill, Tower reported a 1.9% increase in hospital admissions, a 3.4% increase in inpatient …

https://www.msn.com/en-us/money/companies/tower-health-s-cash-reserves-fell-by-54-million-over-the-summer/ar-AA1jFmuE

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Tower Health cuts corporate staff as it sheds hospitals - Inquirer.com

(4 days ago) WebPublished Nov. 16, 2022, 11:49 a.m. ET. Tower Health on Wednesday laid off 52 people from its corporate staff as the West Reading-based nonprofit health system shrinks …

https://www.inquirer.com/business/tower-health-layoffs-corporate-staff-20221116.html

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Tower Health and its Philly area hospitals are for sale. Is anyone

(2 days ago) WebIn the last 18 months, Tower’s operating losses have approached $600 million at its seven hospitals, including St. Christopher’s Hospital for Children in …

https://www.inquirer.com/business/health/tower-health-looking-partner-upmc-penn-medicine-jefferson-20210329.html

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Tower Health edges close to Chestnut Hill Hospital sale to Temple

(6 days ago) WebPublished Nov. 2, 2022, 8:50 a.m. ET. Temple University Health System and its partners have agreed to pay financially beleaguered Tower Health $28 million for Chestnut Hill …

https://www.inquirer.com/business/health/tower-health-selling-chestnut-hill-hospital-temple-28-million-20221102.html

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Tower Health laid off 30 people on Tuesday - MSN

(2 days ago) WebThose layoffs amounted to 13% of Tower’s corporate management staff of about 400 people. ©2023 The Philadelphia Inquirer. Visit inquirer.com. Distributed by Tribune …

https://www.msn.com/en-us/money/other/tower-health-laid-off-30-people-on-tuesday/ar-AA1l3lav

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Tower Health considers selling 6 hospitals as part of financial

(8 days ago) WebEmail. As part of a financial turnaround plan, Tower Health will consider selling all six of its Philadelphia-area hospitals, according to The Philadelphia Inquirer. …

https://www.beckershospitalreview.com/hospital-transactions-and-valuation/tower-health-considers-selling-6-hospitals-as-part-of-financial-turnaround-plan.html

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Tower Health cuts 100 non-clinical and management jobs

(Just Now) WebBack in 2020, Tower Health, citing the adverse financial impact of Covid-19 on the health system, cut about 1,000 jobs and closed the maternity unit at Pottstown …

https://www.bizjournals.com/philadelphia/news/2023/04/13/tower-health-berks-county-layoffs-jobs-hospitals.html

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Philly Inquirer Reports on Tower Health's Impressive Healthcare

(2 days ago) WebThis healthcare system is committed to providing quality healthcare, education, and research to improve the health and well-being of residents in the region. The History of …

https://www.healthinquire.com/2023/10/philly-inquirer-reports-on-tower-health.html

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Temple Health and partners to buy hospital from Tower Health

(9 days ago) WebThree nonprofit hospitals have partnered to purchase Philadelphia-based Chestnut Hill Hospital, The Philadelphia Inquirer reported Aug. 8. Philadelphia College …

https://www.beckershospitalreview.com/hospital-transactions-and-valuation/temple-health-and-partners-to-buy-hospital-from-tower-health.html

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Breaking News: Philadelphia Inquirer Reveals Groundbreaking …

(8 days ago) WebPhiladelphia Inquirer Tower Health Article . The Philadelphia Inquirer recently reported a story about Tower Health, a healthcare system that raised significant concerns within …

https://www.healthinquire.com/2023/10/breaking-news-philadelphia-inquirer.html

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Brandywine Hospital set to close Monday as efforts to keep it …

(6 days ago) WebTower Health is days aways from closing its second suburban Philadelphia hospital in as many months. Brandywine Hospital in Coatesville is scheduled to shut its …

https://www.bizjournals.com/philadelphia/news/2022/01/28/brandywine-hospital-tower-health-coatesville.html

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Penn Medicine, Tower Health drop strategic alliance: Reports

(4 days ago) WebTower’s unrestricted cash dropped from $684.5 million on June 30, 2019 to $307.6 million on Sept. 31, 2022, the Inquirer reported. On Jan. 1, Tower sold Chestnut Hill Hospital to …

https://www.chiefhealthcareexecutive.com/view/penn-medicine-tower-health-drop-strategic-alliance-reports

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Chair of heart surgery leaving Jefferson for Tower, trading - MSN

(2 days ago) WebTower, like many health systems in the Philadelphia region, reported losses and low cash reserves last year. Morris said he discussed the system’s finances with Tower …

https://www.msn.com/en-us/health/other/chair-of-heart-surgery-leaving-jefferson-for-tower-trading-prestige-for-the-ability-to-have-an-impact/ar-BB1ie667

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Report: Tower Health considering sale of 6 hospitals - WFMZ

(8 days ago) Web0. WEST READING, Pa. - Berks County-based Tower Health is said to be considering a plan to sell all six of its Philadelphia-area hospitals. The Philadelphia …

https://www.wfmz.com/news/area/berks/report-tower-health-considering-sale-of-6-hospitals/article_58c7fd5e-253f-11eb-b41d-5b1cff4d8c6c.html

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The Philadelphia Sheriff's Office spent thousands in public money …

(8 days ago) WebIn 2022, the sheriff planned a free, two-day pop-up health care clinic at the Pennsylvania Convention Center. The costs were supposed to be covered by …

https://www.inquirer.com/news/sheriffs-office-spending-off-budget-spending-20240422.html

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Articles by Harold Brubaker’s Profile The Philadelphia Inquirer

(5 days ago) WebBy Susan Snyder, Harold Brubaker. The Philadelphia Inquirer. La Salle University’s enrollment has dropped 28% since 2019 in overall headcount. And the loss of full-time …

https://muckrack.com/harold-brubaker/articles

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Pennsylvania hospitals struggle to meet the needs of mental …

(8 days ago) WebOne out of every three safety citations issued to Philadelphia-area hospitals by Pennsylvania health inspectors since the beginning of 2022 have involved patients …

https://www.inquirer.com/health/pennsylvania-hospital-violations-mental-health-substance-abuse-20240422.html

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Chestnut Hill Hospital joins Temple Health - WHYY

(9 days ago) WebThis week, Chestnut Hill Hospital officially joined the Temple University Health System as its newest location serving Northwest Philadelphia. The community hospital …

https://whyy.org/articles/philadelphia-chestnut-hill-hospital-reopens-new-temple-health-leadership-ownership/

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Philadelphia Inquirer and Tower Health Partnership: …

(1 days ago) WebPhiladelphia Inquirer Tower Health is a hospital system that has undergone several mergers in recent years. The organization was first formed when Brandywine Hospital …

https://www.healthinquire.com/2023/09/philadelphia-inquirer-and-tower-health.html

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Walgreens to pay Philadelphia $110M to settle a lawsuit over its …

(3 days ago) WebPhiladelphia will receive $110 million over five years to settle its lawsuit against Walgreens over the national pharmacy’s role in the opioid crisis. In its 2021 suit, …

https://www.inquirer.com/health/walgreens-philadelphia-settlement-opioid-crisis-20240419.html

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Hackers may have accessed Inquirer subscriber and employee

(7 days ago) WebBy May 13, 2023, the Inquirer’s content-management system, where reporters and editors write and edit articles, was down, and workarounds had to be created to publish stories …

https://www.msn.com/en-us/money/technology/hackers-may-have-accessed-inquirer-subscriber-and-employee-personal-data-in-2023-cyberattack/ar-AA1nJLk2

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Documentary on Chester incinerator's health effects will play at …

(2 days ago) WebTrash & Burn will be screened this Friday night at Cherry Street Pier as part of the Academy of Natural Sciences at Drexel University’s environmental film festival, …

https://www.inquirer.com/arts/trash-burn-confluence-film-festival-philadelphia-20240418.html

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Ex-Philadelphia police officer pleads guilty in shooting death of 12

(3 days ago) WebA fired Philadelphia police officer pleaded guilty Friday, April 19, 2024, to murder in the shooting of a fleeing 12-year-old boy, who prosecutors have said was on …

https://apnews.com/article/fired-philadelphia-police-shooting-boy-dead-7693a6c7fc87cd7ada08de03998d909d

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Philadelphia protest over Israel-Hamas war, Princeton students …

(2 days ago) WebProtests over Israel's war against Hamas have spilled onto college campuses in the United States, with pro-Palestinian demonstrators clashing with police at Columbia …

https://www.inquirer.com/education/live/israel-hamas-student-protests-university-pennsylvania-penn-princeton-20240425.html

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What to know about the fatal shooting of an Uber driver and the …

(3 days ago) WebThe Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, …

https://apnews.com/article/uber-driver-killed-scam-4998a42b2e59aed3dda95f983b2f9b52

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Rural Texas towns report cyberattacks that caused one water …

(8 days ago) WebIn March, Environmental Protection Agency Administrator Michael S. Regan and Jake Sullivan, assistant to the president for National Security Affairs, sent a letter to …

https://apnews.com/article/texas-muleshoe-water-systems-cyberattacks-russia-5f388bf0d581fc8eb94b1190a7f29c3a

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Allergy season: How to track pollen levels near you AP News

(3 days ago) Web2 of 2 . FILE - Tree pollen pods lay in a pile at a park in the Dallas suburb of Richardson, Texas, Thursday, March 21, 2024. The Asthma and Allergy Foundation of …

https://apnews.com/article/allergies-pollen-symptoms-tree-grass-spring-b2cf14d86549791a64d78eb1529a98ea

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