Philadelphia Inquirer And 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 cash reserves fell by $54 million over the …

(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 edges close to Chestnut Hill Hospital sale to …

(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's audited financials show operating loss for FY2023 …

(7 days ago) WEBTower Health's total revenue for fiscal 2023 dropped more than 13% to just under $1.86 billion from $2.16 billion the previous year. the owner of three hospitals in …

https://www.bizjournals.com/philadelphia/news/2023/11/27/tower-health-berks-hospitals-loss-fiscal-2023.html

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Tower Health's 'diminished financial flexibility' cited in bond rating

(Just Now) WEBTower Health's debt obligations dropped slightly from $1.28 billion at the start of fiscal 2023 to just under $1.27 billion as of June 30. In a statement provided to …

https://www.bizjournals.com/philadelphia/news/2023/10/17/tower-health-hospitals-bond-rating-downgrade-s-p.html

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Tower Health announces it’s pursuing a ‘strategic alliance’ with …

(5 days ago) WEBIn addition to anchor Reading Hospital in West Reading, Tower operates six hospitals in the Philadelphia region, including the five it bought from the Franklin, Tenn. …

https://www.timesherald.com/2021/07/30/tower-health-announces-its-pursuing-a-strategic-alliance-with-penn-medicine/

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Chestnut Hill Hospital joins Temple Health - WHYY

(9 days ago) WEBThe sale cleared the hospital’s multi-million-dollar debt under Tower Health, as reported by the Philadelphia Inquirer. “We needed power in the marketplace, as …

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

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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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Tower Health reaches deal to save 2 Pennsylvania hospitals

(7 days ago) WEBWest Reading, Pa.-based Tower Health has secured a new owner for two of its Pennsylvania hospitals, according to The Philadelphia Inquirer . Tower Health …

https://www.beckershospitalreview.com/hospital-transactions-and-valuation/tower-health-reaches-deal-to-save-2-pennsylvania-hospitals.html

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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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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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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 …

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

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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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Philly Inquirer Reports on Tower Health's Impressive Healthcare

(2 days ago) WEBPhilly Inquirer Tower Health is committed to the health and well-being of its patients. The healthcare system provides an extensive range of services, including primary care, …

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

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Breaking News: Philadelphia Inquirer Reveals Groundbreaking …

(8 days ago) WEBThe acquisition of Philadelphia Inquirer by Tower Health can have several advantages. Firstly, it can help improve healthcare communication and transparency. Tower Health …

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

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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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Discover the Latest Insights on Tower Health - Read Philadelphia

(6 days ago) WEBTower Health Philadelphia Inquirer is a renowned healthcare system providing premium medical care services to patients across southeastern Pennsylvania. Comprising several …

https://www.healthinquire.com/2023/06/discover-latest-insights-on-tower.html

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Luxury penthouse market in Philadelphia starting strong in 2024

(2 days ago) WEBAgents who sell Philadelphia's most expensive penthouses said that after a lackluster 2023, the city's high-end luxury market in the first few months of 2024 has …

https://www.inquirer.com/real-estate/housing/luxury-high-end-apartment-real-estate-sales-20240423.html

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Philly Office of Homeless Services had 'deliberate' overspending

(7 days ago) WEBDeSantis’ findings confirm The Inquirer’s earlier reporting, which found that the Office of Homeless Services, despite receiving an infusion of federal pandemic relief …

https://www.inquirer.com/politics/philadelphia/office-homeless-services-investigation-results-20240422.html

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USA Today, Philadelphia Inquirer Recognize Firstrust Bank as a Top

(8 days ago) WEBUSA Today’s Top Workplaces award celebrates nationally recognized companies that make the world a better place to work by prioritizing a people-centered culture and giving …

https://www.msn.com/en-us/money/companies/usa-today-philadelphia-inquirer-recognize-firstrust-bank-as-a-top-workplace-for-2024/ar-AA1nQzSs

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The Soul’s chaotic comeback - Inquirer.com

(Just Now) WEBGive the play-by-play: Head coach Patrick Pimmel stepped down on Friday, and his replacement was announced just hours before the Soul’s Saturday game in New …

https://www.inquirer.com/newsletters/morning/philadelphia-soul-arena-football-league-chaotic-season-opener-20240429.html

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The Philadelphia Soul are back playing arena football, but in turmoil

(5 days ago) WEBThe relaunch of the AFL — which the league had hyped with a March press release that announced AFL games would be shown on the NFL Network — did get …

https://www.inquirer.com/sports/philadelphia-soul-arena-football-league-20240429.html

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Volcano erupts in eastern Indonesia, spews miles-high ash tower

(3 days ago) WEBA volcano in eastern Indonesia erupted on Sunday morning, spewing an ash tower more than two miles into the sky and prompting officials to warn people to keep …

https://globalnation.inquirer.net/233711/volcano-erupts-in-eastern-indonesia-spews-miles-high-ash-tower

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