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zmiller834 t1_jc489ac wrote

Reply to comment by ronreadingpa in PA nonprofit hospitals could face new scrutiny · Spotlight PA by Aggravating_Foot_528

The Philly Inqurier has had a lot of articles on tower healths expansion and current financial woes. They were looking to make a play against a mainline health and Penn Medicine. They overpaid for the hospitals they bought from community health. Then they bought a bunch of urgent cares. Then the lost too much revenue from COVID for elective procedures. They fired that CEO (his bonus was tied to revenue I believe) and have been trying to offload the hospitals they don’t see as being their core. Currently their core is reading hospital, Phoenixville and Pottstown.

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Aggravating_Foot_528 OP t1_jc49n1j wrote

there are a ton of medical schools in philly. What does that medical landscape look like there? in western PA, it's easy -- you have UPMC, Highmark Blue Cross/Allegheny Health Network, and a few smaller independents and smaller networks, but AHN and UPMC have a duopoly mainly.

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