Thomas Jefferson University and Temple University, both based in Philadelphia, signed an agreement to exclusively negotiate the acquisition of Temple’s Fox Chase Cancer Center in Philadelphia in January. The initial deadline was June 30.
For Temple, the sale of the 100-bed Fox Chase system with 2,036 employees could help improve its finances and allow it to focus on providing healthcare services in a high poverty area in the city.
Despite the widening negotiation period, Temple CEO Larry Kaiser told The Inquirer that they are having “very frequent discussions” with Thomas Jefferson regarding the sale.
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U of Louisville won’t buy Jewish Hospital from CHI
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