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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 and Drexel University are recruiting additional …

(4 days ago) WEBPublished Apr. 8, 2022, 5:05 a.m. ET. Tower Health’s desire to cut its losses from St. Christopher’s Hospital for Children, which it co-owns with Drexel University, reached a …

https://www.inquirer.com/business/health/st-christophers-tower-drexel-owners-indpendence-temple-jefferson-pcom-20220408.html

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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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Tower Health takes a scalpel to its doctors group

(8 days ago) WEBThe Tower Health Medical Group, which employs 890 doctors, including medical residents, had an operating loss of nearly $250 million on $206 million in revenue in the 12 months ended June 30, …

https://www.inquirer.com/business/health/tower-health-job-cuts-doctors-medical-group-20210510.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 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’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 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's audited financials show operating loss for FY2023 …

(7 days ago) WEBTower Health, the owner of three hospitals in the Philadelphia region, posted an operating deficit of $192.9 million for the year that ended June 30. An …

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

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Tower Health cuts 100 non-clinical and management …

(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 reduce expenses. About

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

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 Tower Health

(5 days ago) WEBLatest News. Get the latest updates including our medical and clinical innovations, health guidance, and community health information. Tower Health …

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

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Tower Health Newsroom Tower Health

(8 days ago) WEBContact Tower Health Media. We can be reached weekdays from 8 a.m. to 5 p.m. Call 484-628-8000 during non-business hours and the operator will contact a staff member for …

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

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Penn Medicine withdraws plan to use shuttered Brandywine

(7 days ago) WEBTower Health also sold Chestnut Hill Hospital to a consortium of Temple Health, Redeemer Health and Philadelphia College of Osteopathic Medicine in 2022. …

https://www.phillyvoice.com/penn-medicine-brandywine-hospital-veterans-care-chester-county-tower/

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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 Plans To Keep Phoenixville Hospital Open: Philly.com …

(5 days ago) WEBThe Inquirer reported that the hospital has enough cash to keep running for just 54 days without any new revenue. Tower Health, headquartered in West Reading, …

https://patch.com/pennsylvania/phoenixville/tower-health-plans-keep-phoenixville-hospital-open-philly-com

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Pennsylvania hospitals struggle to meet the needs of mental …

(8 days ago) WEBPublished Apr. 22, 2024, 5:00 a.m. ET. A patient died on the floor of a behavioral health unit at the Hospital of the University of Pennsylvania ’s Cedar Avenue …

https://www.inquirer.com/health/pennsylvania-hospital-violations-mental-health-substance-abuse-20240422.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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Philadelphia Inquirer and Tower Health Partnership: …

(1 days ago) WEBAs Philadelphia Inquirer Tower Health continues to navigate and transform in this evolving healthcare landscape, it has become a leading example of how merging with …

https://www.healthinquire.com/2023/09/philadelphia-inquirer-and-tower-health.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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Breaking News: Philadelphia Inquirer Reveals Groundbreaking …

(8 days ago) WEBThe Tower Health Acquisition of Philadelphia Inquirer – Pros, Cons and Benefits. Recently, there has been a lot of buzz about the acquisition of Philadelphia Inquirer by …

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

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Tower Health Beats Lawsuit Over Sharing Health Info With Meta

(7 days ago) WEBPlaintiffs Patrick Santoro and Jessica Landis failed to show that the information disclosed to Meta was sensitive health information, Judge John F. Murphy …

https://news.bloomberglaw.com/privacy-and-data-security/tower-health-beats-lawsuit-over-sharing-health-info-with-meta

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

(8 days ago) WEBIn Philadelphia, much of it goes to an off-budget discretionary fund maintained by the Sheriff’s Office, with little oversight from City Hall over how it’s spent. $9,250 for a …

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

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

(3 days ago) WEBPublished Apr. 19, 2024, 4:47 p.m. ET. Philadelphia will receive $110 million over five years to settle its lawsuit against Walgreens over the national pharmacy’s role …

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

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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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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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Hooter takes a victory lap Temple Now

(4 days ago) WEBThe Philadelphia Inquirer recently ran its first-ever mascot bracket for nonprofessional sports mascots in the Greater Philadelphia region. The final four …

https://news.temple.edu/news/2024-04-24/hooter-takes-victory-lap

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Trinity Health Mid-Atlantic CEO James Woodward will retire in …

(1 days ago) WEBPublished Apr. 19, 2024, 11:51 a.m. ET. Trinity Health Mid-Atlantic CEO James L. Woodward will retire in January, the health system said Friday. Woodward …

https://www.inquirer.com/health/trinity-health-mid-atlantic-ceo-james-woodward-retiring-20240419.html

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Philly Office of Homeless Services had 'deliberate' overspending

(7 days ago) WEBPublished Apr. 22, 2024, 10:31 a.m. ET. Leaders of the office tasked with sheltering Philadelphia’s homeless “knowingly” overspent millions of dollars in taxpayer …

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

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Ex-Cop Pleads Guilty to Third-Degree Murder of 12-Year-Old Boy

(3 days ago) WEBPublished on April 20, 2024 07:28PM EDT. The scene of the shooting in Philadelphia on March 1, 2022. Photo: Tom Gralish/The Philadelphia Inquirer via AP, …

https://people.com/ex-cop-pleads-guilty-third-degree-murder-12-year-old-boy-8636556

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Joe Pellegrino, popular TV sports anchor, has died at 89

(9 days ago) WEBJoe Pellegrino, 89, the popular Philadelphia TV sports anchor who was a key member of the top-rated Action News team during the 1970s, died on Friday, April 12, at …

https://www.inquirer.com/obituaries/obituary-joe-pellegrino-sports-anchor-action-news-20240419.html

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Will Philadelphia Eagles make another first-round trade in - CBS …

(8 days ago) WEBTom Ignudo is a Digital Content Producer at CBS News Philadelphia. Before CBS Philadelphia, Tom covered high school and college sports for the Philadelphia …

https://www.cbsnews.com/philadelphia/news/nfl-draft-2024-philadelphia-eagles-howie-roseman-trades/

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