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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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Tower Health rejects 4th purchase offer; 'I'm not sure what they're

(4 days ago) WebTower Health initially turned down a $675 million offer from StoneBridge in November 2022. In partnership with Allentown, Pa.-based Lehigh Valley Health Network, …

https://www.beckershospitalreview.com/finance/tower-health-rejects-4th-purchase-offer-im-not-sure-what-theyre-thinking-stonebridge-ceo-says.html

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Tower Health eliminates about 13% of management staff

(9 days ago) WebTower Health eliminates about 13% of management staff. 69 News. Nov 16, 2022. 4. WEST READING, Pa. — Tower Health handed out pink slips to dozens of its …

https://www.wfmz.com/news/area/berks/tower-health-eliminates-about-13-of-management-staff/article_725592a2-65d1-11ed-8f69-67f7147ef6ba.html

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Tower Health financial results improved, but remained in the red …

(9 days ago) WebThe health system got into financial trouble after going into debt in 2017 to buy five financially struggling community hospitals in Southeastern Pennsylvania from …

https://www.inquirer.com/health/tower-health-financiall-results-2023-141-million-loss-20230830.html

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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 days cash on hand dropped again, as finances …

(3 days ago) WebPublished May 26, 2023, 4:38 p.m. ET. Tower Health’s finances took another turn for the worse in the nine months through March, as the not-for-profit health system continued …

https://www.inquirer.com/news/tower-health-financial-results-cash-reserves-down-20230526.html

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Tower Health and Penn Medicine no longer pursuing alliance

(5 days ago) WebTower Health released a statement today saying the two systems have mutually agreed to stop pursuing the alliance. It went on to say that the state of health …

https://www.wfmz.com/news/area/berks/tower-health-and-penn-medicine-no-longer-pursuing-alliance/article_da895742-a991-11ed-bba5-172a5df7fd94.html

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Tower Health to close 1 of 7 hospitals, sell another

(8 days ago) WebTower Health has five urgent care centers in Berks County. The rest are in Philadelphia and its suburbs. The health system did not identify which of the more than one dozen centers will be sold

https://www.wfmz.com/news/area/berks/tower-health-to-close-1-of-7-hospitals-sell-another/article_4c3e1736-2065-11ec-a384-6b7d6fe208c7.html

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Tower Health reduces operating loss to $141.9 million; projects

(2 days ago) WebTower Health, the owner of three hospitals in the Philadelphia region, cut its operating deficit by more than $70 million in fiscal 2023 and said it expects to soon wash …

https://www.bizjournals.com/philadelphia/news/2023/08/30/tower-health-berks-hospitals-loss-profit.html

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Tower Health cuts operating losses to $141.9M, targets …

(5 days ago) WebAlan Condon - Wednesday, September 6th, 2023. West Reading, Pa.-based Tower Health, a three-hospital system, reduced its operating deficit by more than $70 …

https://www.beckershospitalreview.com/finance/tower-health-cuts-operating-losses-to-141-9m-targets-profitability-in-2024.html

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Tower Heath must resume sale of Brandywine, Jennersville …

(9 days ago) WebTower Health must resume its sale of Brandywine and Jennersville hospitals in Chester County to Canyon Atlantic Partners, Common Pleas Court Judge Edward …

https://www.phillyvoice.com/judge-orders-tower-heath-resume-sale-brandywine-jennersville-hospitals/

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Tower Health is cutting 100 positions - Reading Eagle

(8 days ago) WebTower Health has confirmed it is cutting 100 full-time positions, a move officials say will save the health care provider $12 million. In a statement issued …

https://www.readingeagle.com/2023/04/13/tower-health-is-cutting-100-positions/

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Tower Health hit with another bond downgrade - Yahoo News

(7 days ago) WebMar. 2—Tower Health has been hit with another bond downgrade as its losses continue. On Monday, Fitch Ratings Inc. downgraded the West Reading-based health system to B+, a …

https://news.yahoo.com/tower-health-hit-another-bond-115800761.html

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Tower Health suffers rating downgrade as it strives to recover

(8 days ago) WebIn 2017, the Reading Health System, anchored by Reading Hospital, acquired five hospitals in the Philadelphia area and formed the Tower Health …

https://www.chiefhealthcareexecutive.com/view/tower-health-suffers-rating-downgrade-as-it-strives-to-recover

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Tower Health's latest financial results show loss, little progress

(8 days ago) WebTower Health lost twice as much money during July, August, and September this year as it did during the same period in the year before. The loss would …

https://www.inquirer.com/news/tower-health-losses-first-quarter-fiscal-2023-cash-reserves-down-20221123.html

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Tower Health cuts staff amid hospital sale, closures

(2 days ago) WebThe layoffs, which are expected to save $15 million a year, account for 13 percent of Tower Health's corporate management staff of about 400 people, according …

https://www.beckershospitalreview.com/finance/tower-health-cuts-staff-amid-hospital-sale-closures.html

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Editorial: Should UPMC and other nonprofits worry about Tower …

(4 days ago) WebThe Reading-area health system has four hospitals. It has joint ventures with Drexel University. It has about 11,500 employees and was ranked No. 8 in Pennsylvania …

https://triblive.com/opinion/editorial-should-upmc-and-other-nonprofits-worry-about-tower-health-ruling/

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Tower Health announces leadership team promotions - Reading …

(Just Now) WebIn his new role, Stern will focus on maintaining the momentum of Tower Health’s turnaround, emphasizing workforce stability, service expansion, and leadership …

https://www.readingeagle.com/2024/04/30/tower-health-announces-leadership-team-promotions/

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Long Beach officials declare tuberculosis public health emergency

(5 days ago) WebIn total, there were 2,113 cases statewide last year, about the same amount reported in 2019, before the COVID-19 pandemic.. To protect patient privacy, officials …

https://www.latimes.com/california/story/2024-05-02/long-beach-health-officials-declare-tuberculosis-outbreak-a-public-health-emergency

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Connecticut Children's in Hartford celebrates new milestone

(1 days ago) WebHartford mayor Arunan Arulampalam speaks at Connecticut Children’s official steel topping off ceremony of a new, 8-story tower today, May 6, according to a release. …

https://www.courant.com/2024/05/06/connecticut-childrens-celebrates-new-milestone-whats-in-store-for-its-new-8-story-patient-tower/

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Steward Health says bankruptcy won't interrupt operations in …

(1 days ago) WebReach health-care reporter Stephanie Innes at [email protected] or at 480-313-3775. Follow her on X, formerly known as Twitter, @stephanieinnes . …

https://www.usatoday.com/story/news/local/phoenix/2024/05/08/steward-health-says-bankruptcy-wont-interrupt-operations-in-arizona/73602545007/

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Former HAP headquarters being torn down to make way for …

(9 days ago) WebThe building on West Grand Boulevard will be replaced by a new patient tower that is part of Henry Ford Health's $3 billion expansion plans. Dennis Thompson, last …

https://www.detroitnews.com/story/news/local/detroit-city/2024/05/09/former-hap-headquarters-being-torn-down-to-make-way-for-henry-ford-heath-patient-tower-detroit-mi/73627992007/

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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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Eiffel Tower Turns Into Taylor Swift Tribute Ahead of Concert

(9 days ago) WebThe Eiffel Tower is turning into an 'epic' tribute to Taylor Swift ahead of the singer's Eras Tour dates in Paris, France. See video of the neat welcome here.

https://parade.com/news/eiffel-tower-transforms-taylor-swift-tribute-paris-eras-tour-may-2024-video

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Homepage Tower Health

(4 days ago) WebRequest an Appointment. Pay My Bill. Urgent Care & Emergency LocationsVirtual Care. Manage your care, Anywhere. With the MyTowerHealth patient portal, you can talk to …

https://towerhealth.org/

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American Tower Corp raises annual revenue forecast on healthy …

(4 days ago) WebAmerican Tower forecast annual adjusted funds from operations, a key measure of cash flow, between $10.30 and $10.53 per share, compared with its prior …

https://www.reuters.com/business/media-telecom/american-tower-corp-raises-annual-revenue-forecast-healthy-telecom-spending-2024-04-30/

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Ukraine-Russia war: Latest updates World News Sky News

(Just Now) WebWe aren't bringing you live updates today, but here is the main story this morning. Vladimir Putin has just finished speaking at Russia's annual Second World War …

https://news.sky.com/story/ukraine-russia-war-latest-large-fire-as-russia-hits-port-city-with-ballistic-missile-12541713

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Tower Health gets another big credit rating downgrade from Fitch …

(3 days ago) WebTower, a nonprofit health system based in West Reading, Berks County, has recorded operating losses of $854 million over the last three years, according to …

https://www.inquirer.com/news/tower-health-fitch-downgrade-ccc-losses-cash-burn-20220920.html

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