Chestnut Hill Hospital to be sold to consortium of Temple Health

Temple Health, Redeemer Health and PCOM have formed a consortium to buy Chestnut Hill Hospital from Tower Health, the latest sale announced by the Reading-based hospital system. The 148-bed teaching hospital in Northwest Philadelphia was founded in 1903. The pending deal comes a month after Tower Health completed the sale of Jennersville Hospital in Chester County to ChristianaCare for $8 million.

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