The Philadelphia Inquirer Article About Tower Health

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Tower Health financial losses continue

(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 million the …

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 surgeries, and a …

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

(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's audited financials show operating loss for …

(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 the …

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

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Tower Health's plans were small before expanding big-time into …

(5 days ago) WEBTower Health's plans were small before expanding big-time into the Philly area. By The Philadelphia Inquirer April 28, 2021. Topics. business strategy. finance. healthcare …

https://www.healthleadersmedia.com/strategy/tower-healths-plans-were-small-expanding-big-time-philly-area

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Tower Health writes off $370M in losses: 9 details - Becker's …

(9 days ago) WEBTower Health told the Philadelphia Inquirer that the write-down "does not impact cash on hand or our ability to meet any financial obligations." 5. Tower reported a $445.7 million …

https://www.beckershospitalreview.com/finance/tower-health-writes-off-370m-in-losses-9-details.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 cuts losses but remains under 'heavy load' of debt

(9 days ago) WEBThose moves helped the ailing health system cut its operating loss by 20% in fiscal 2022, but a lot of red ink remains on its balance sheet. Berks County-based Tower Health …

https://www.bizjournals.com/philadelphia/news/2022/08/22/tower-health-fiscal-2022-berks-county-hospitals.html

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Potential buyer emerges for the entire Tower Health system

(3 days ago) WEBThe Business Journal previously reported the Philadelphia region's two largest health systems — Jefferson Health and Penn Medicine — were not interested in adding …

https://www.bizjournals.com/philadelphia/news/2021/06/30/tower-health-acquisition-merger.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 the Business Journal …

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

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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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 sponsorships, but they …

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

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Tower Health Tower Health

(5 days ago) WEBApril 26, 2024 - As Tower Health’s Senior Vice President of Human Resources and Chief People Officer, Pamela Hernandez is dedicated to “showing up for the people who show …

https://towerhealth.org/articles/tower-health

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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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Luxury penthouse market in Philadelphia starting strong in 2024

(2 days ago) WEBIt’s the latest luxury high-rise residential tower to mark its official completion, and its penthouses are among the most expensive in Philadelphia. Agents whose job it is to …

https://www.inquirer.com/real-estate/housing/luxury-high-end-apartment-real-estate-sales-20240423.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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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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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 away. July 10, …

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

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Italian general suspended for book slammed as racist

(3 days ago) WEBItaly's defense ministry has suspended a general and cut his pay for breaching army neutrality with a book that critics said insulted sexual and ethnic minorities, his lawyer

https://globalnation.inquirer.net/233592/italian-general-suspended-for-book-slammed-as-racist

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PHILADELPHIA INQUIRER: Dwight Evans calls on IRS to recommit …

(1 days ago) WEBAs part of the deal, they have a 20% equity stake and are responsible for managing the property, according to a 2022 story in the Philadelphia Business Journal. Brandywine is …

https://dean.house.gov/2024/1/philadelphia-inquirer

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PH ocean health: From bad to worse amid China invasion of WPS

(1 days ago) WEBIn the 2023 Ocean Health Index, the Philippines scored 58 out of 100, significantly below the global average of 73 and marking a substantial decline from previous scores of 67 in …

https://newsinfo.inquirer.net/1932308/ph-ocean-health-from-bad-to-worse-amid-china-invasion

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Philadelphia 76ers' Joel Embiid says he's being treated for Bell's

(3 days ago) WEBPHILADELPHIA (CBS) -- Joel Embiid said after the Philadelphia 76ers' win over the New York Knicks Thursday night that he's been dealing with a case of Bell's palsy, a health …

https://www.cbsnews.com/philadelphia/news/joel-embiid-what-is-bells-palsy-philadelphia-76ers/

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Primary 'uncommitted' votes protesting Biden's Israel support may …

(8 days ago) WEBWrite in votes in the Democratic presidential primary in Philadelphia this year exceeded write in votes from the 2020 election by nearly seven to one. Progressive activists had …

https://www.inquirer.com/politics/pennsylvania-primary-results-uncommitted-joe-biden-20240424.html

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Trump hush money trial: Jury hears opening statements AP News

(5 days ago) WEBThe start of opening statements in Donald Trump’s hush money trial set the stage for weeks of testimony about the former president’s personal life and places his legal troubles at …

https://apnews.com/article/trump-trial-hush-money-opening-stormy-daniels-6beee9b99114898ee0dd60185d43bac5

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A Nigerian chess champion plays the royal game for 60 hours — a …

(2 days ago) WEBA Nigerian chess champion and child education advocate is attempting to achieve a Guinness World Record for the longest chess marathon. Tunde Onakoya started the …

https://apnews.com/article/tunde-onakoya-chess-education-times-square-ddce680a20f7a00a2041a2c47feb7e71

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