Tower Health cuts 100 jobs

West Reading, Pa.-based Tower Health is eliminating 100 full-time equivalent positions, effective immediately, as it continues to reduce costs amid financial difficulties.

The move will affect 45 individuals, according to an April 13 news release the health system shared with Becker's. The other 55 positions are either recently vacated or involve individuals who plan to retire in the coming weeks and months.

Nearly all of the positions involve non-clinical or management functions, according to the system, which projects the reductions to save $12 million a year. 

The workforce reductions are part of "ongoing efforts to ensure the system is appropriately structured to meet our organizational goals," according to the health system. 

In November, the system laid off 52 corporate employees after it closed Brandywine Hospital in Coatesville, Pa., and Jennersville Hospital in West Grove, Pa. The layoffs — projected to save $15 million a year — accounted for 13 percent of its corporate management staff at the time.

At the beginning of the year, the system sold Chestnut Hill Hospital to a consortium led by Philadelphia-based Temple University Health System.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.


Featured Whitepapers

Featured Webinars