Hahnemann has been scaling back services since announcing in June that it would close Sept. 6. The hospital pushed back the closure date after a bankruptcy judge approved the sale of its residency programs on Sept. 5.
Hahnemann’s owners initially agreed to sell its residency slots to West Reading, Pa.-based Tower Health for $7.5 million. However, six health systems teamed up to bid $55 million for the residency programs on Aug. 9. Three Philadelphia-based health systems — Einstein Healthcare Network, Jefferson Health and Temple University Health System — joined forces with Bryn Mawr, Pa.-based Main Line Health, Camden, N.J.-based Cooper University Health Care and Wilmington, Del.-based Christiana Care Health System to place the winning bid.
More articles on healthcare finance:
Hospital profitability up after significant declines in June, Kaufman Hall finds
Fitch: Nonprofit hospital margins improve for first time since 2016
For-profit operator to close Nix Medical Center in San Antonio