ChristianaCare, Delaware’s largest health system, has agreed to buy Tower Health’s Jennersville Hospital, which has been closed since Dec. 31, The Philadelphia Inquirer reports. The price was not disclosed.
The sale, expected to be completed in 30 to 60 days, includes the 52-bed hospital on 12 acres in Penn Township, Chester County; Tower’s interests in two affiliated medical office buildings; and an additional 24-acre parcel of land behind the hospital.
Tower is also trying to sell the shuttered Brandywine Hospital near Coatesville, Chestnut Hill Hospital in Philadelphia, and a collection of urgent-care centers as it tries to recover from a money-losing expansion binge that lasted from 2017 to 2019.
ChristianaCare, which in March acquired two Tower primary-care medical practices at Jennersville and West Grove, is still negotiating an even bigger move into Pennsylvania through the potential acquisition of Prospect Medical Holdings’ Crozer Health in Delaware County. Read more.
