Chester County Hospital Joins University of Pennsylvania Health System

Chester County Hospital and Health System in West Chester, Pa., officially became part of the University of Pennsylvania Health System in Philadelphia Wednesday.

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The 245-bed Chester County Hospital is the fourth acute-care hospital member of UPHS, joining the Hospital of the University of Pennsylvania, Pennsylvania Hospital and Penn Presbyterian Medical Center, all of which are in Philadelphia. Chester County Hospital also has five satellite locations.

Financial terms of the deal were not disclosed. Chester County Hospital signed a nonbinding letter of intent to join UPHS in January. In August 2012, the organization formally sought a partner to help gain access to capital for several facility- and technology-based investments.

More Articles on Hospital Transactions:
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