Canyon Atlantic Partners is a hospital ownership and management organization with extensive experience and expertise in healthcare operations, healthcare finance, and the strategic integration of hospitals and healthcare resources.
Both Brandywine and Jennersville will remain open as acute care hospitals serving their local communities, and substantially all clinical and non-clinical staff in good standing at the hospitals will be offered employment by Canyon Atlantic Partners effective on the date of transfer.
We are pleased to have identified a solution that will provide the communities served by Brandywine and Jennersville Hospitals with continued access to healthcare.
1. What does this mean for patients and the community?
Tower Health is working closely with Canyon Atlantic Partners on the transition. We will also work with patients to answer questions and ensure a smooth transfer of care through the transition date.
As part of our commitment to open and transparent communications, we will continue to share information as soon as it becomes available.
Tower Health will coordinate with leaders from Canyon Atlantic Partners and share additional details on the transition process in the days and weeks to come.
2. What does this mean for employees and providers?
We recognize that this transition will happen quickly and are working diligently to ensure it proceeds as smoothly as possible. The Tower Health Human Resources team will coordinate with Canyon Atlantic Partners representatives and employees at Brandywine and Jennersville on transition details beginning immediately, and additional information will be shared with our employees as soon as possible.
3. Why was this decision made?
Like all hospitals, both Brandywine and Jennersville were impacted financially by COVID-19, but it is important to understand that the financial position of the hospitals has been consistently challenged over a long period of time. With these challenges in mind, Tower Health spent more than a year in an extensive process to identify a potential new owner for the hospitals.
While there is still a lot of hard work ahead, we believe that this transaction with Canyon Atlantic Partners represents the best opportunity for Brandywine and Jennersville Hospitals.
4. How does this affect Tower Health’s other hospitals and partnerships?
This transaction with Canyon Atlantic Partners does not impact Reading Hospital, Phoenixville Hospital, Pottstown Hospital, or other Tower Health facilities and services. It also does not impact our previously announced transaction with Trinity Health to acquire Chestnut Hill Hospital and selected Tower Health Urgent Care Centers. In addition, it does not impact Family Medicine – Vineyard Way and Family Medicine – Baltimore Pike, which are transitioning to ChristianaCare.
Important partnerships with Acadia Healthcare and Drexel University College of Medicine (DUCOM), including the new state-of-the-art DUCOM on the Tower Health campus in Reading, will continue, as will our ongoing strategic alliance process with Penn Medicine.