Tower Health, Drexel complete $50M deal for St. Christopher’s Hospital for Children

//Tower Health, Drexel complete $50M deal for St. Christopher’s Hospital for Children

Tower Health, Drexel complete $50M deal for St. Christopher’s Hospital for Children

West Reading-based Tower Health and Drexel University in Philadelphia have finalized their $50 million acquisition of St. Christopher's Hospital for Children.. The proposed deal for the 188-bed North Philadelphia pediatric medical center was approved in September by the U.S. Bankruptcy Court in Delaware. The closing of the sale, which became effective Sunday, returns the 144-year-old specialty hospital to nonprofit status — something it had not been under its previous two owners. St. Christopher's…

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By | 2019-12-15T14:38:02+00:00 December 15th, 2019|Healthcare|

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