North Philadelphia Health System Receives $8.5M Line of Credit From Gemino Healthcare Finance

North Philadelphia Health System has received a three-year, $8.5 million revolving line of credit from Gemino Healthcare Finance and will use the proceeds to pay off existing debt, according to a Gemino news release.

NPHS operates St. Joseph’s Hospital and Girard Medical Center, both in Philadelphia.

"We are excited to have entered into this new credit agreement with an industry leader like Gemino, which will enable NPHS and its two hospitals, St. Joseph’s and Girard Medical Center, to continue our mission of providing quality healthcare to our community," said George J. Walmsley III, NPHS’ President and CEO.

Read the release on North Philadelphia Health System.

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