Tower Health said Thursday it has ended discussions with Trinity Health Mid-Atlantic about a potential sale of Chestnut Hill Hospital, the Philadelphia Business Journal reports.
The 148-bed Philadelphia hospital and a group of more than a dozen of the 27 urgent care centers owned by Tower Health that were also part of talks will remain with the financially ailing Berks County-based health system.
Tower Health said Chestnut Hill Hospital and the urgent care centers will remain open, and their operations will continue unchanged.
Both Tower Health and Trinity Health Mid-Atlantic have agreed to keep the details of the due diligence process confidential.
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Read more about the plans for Chestnut Hill Hospital at PBJ.com.
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