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Local leadership celebrated growth under Tenor Health Foundation's ownership during a ceremonial reopening at Regional Hospital Monday morning. And more than a dozen current and former Penn State students face drug trafficking charges.
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Tenor Health Foundation purchased Regional Hospital of Scranton, Moses Taylor Hospital in Scranton and Wilkes-Barre General Hospital in February. Local leadership celebrated growth under the new ownership during a ceremonial reopening at Regional Hospital Monday morning.
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Tenor Health Foundation purchased the financially struggling Community Health Systems-owned Wilkes-Barre General Hospital, Regional Hospital in Scranton and Moses Taylor Hospital. Executives are optimistic about the hospitals’ futures three months after the sale.
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U.S. Rep. Rob Bresnahan brought Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz to tour the recently sold Scranton hospitals and speak with new leadership about their plans.
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Just days after receiving state approval, Tenor Health Foundation and Commonwealth Health closed a deal selling Tenor three Northeast Pennsylvania hospitals, both companies announced Monday morning.
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Tenor Health Foundation and Community Health Systems, operating locally as Commonwealth Health, closed a deal for Wilkes-Barre General and Scranton’s Regional and Moses Taylor Hospitals on Sunday, the companies announced Monday morning. A CHS release valued the deal at $33 million cash plus a $15 million promissory note from Tenor, with additional payments possible from patient account collections.
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Years of uncertainty about the future of Commonwealth Health-owned Wilkes-Barre General, Moses Taylor Hospital and Regional Hospital of Scranton have taken their toll on anxious employees, but a pending sale to Tenor Health Foundation has staff and community leaders cautiously optimistic about the next steps.
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The Pennsylvania Department of Health has approved the sale of three hospitals in the region. Tenor Health Foundation will now own two hospitals in Scranton, Moses Taylor and Regional Hospital, plus Wilkes-Barre General Hospital. The three are currently owned by Commonwealth Health.
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Pennsylvania Health Department officials have given their blessing to Tenor Health Foundation's application to acquire three Northeast Pennsylvania hospitals, multiple sources said Wednesday.
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Tenor Health Foundation’s CEO said the company is ready to own and operate the Commonwealth Health Systems hospitals in NEPA, but that the transaction still awaits approval from the Pennsylvania Department of Health.