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Tower Health gets cash relief from bondholders in refinancing

The refinancing, expected to be completed in August, gives Tower more time to work on a financial recovery.

Tower Health reported financial results for the first nine months of fiscal 2024

Tower Health reported financial results for the first nine months of fiscal 2024
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S&P Ratings gives Tower Health another credit downgrade

It's Tower's fourth credit downgrade by Standard & Poor's since the beginning of last year.

Tower adds to layoffs by Penn Medicine, Rothman, and Crozer

Leapfrog Gives Phoenixville, Pottstown Hospitals D Grades

UpdatedMon, May 3, 2021 at 4:35 pm ET Reply Leapfrog Group gave D safety grades to Phoenixville and Pottstown hospitals in its spring report, while Chester County Hospital and Paoli Hospital received A s. (Shutterstock) PHOENIXVILLE, PA Hospital safety grades from Leapfrog were low for several Tower Health hospitals in Chester County, including Phoenixville Hospital, Brandywine Hospital, and Pottstown Hospital. The three facilities were awarded grades of D by the Leapfrog Group, an organization the performs regular assessments of hospitals. Numerous Pennsylvania hospitals received top safety marks while others didn t quite measure up in The Leapfrog Group s annual spring safety grades. The nonprofit health care watchdog group grades hospitals twice a year, assigning letter grades from A to F based on each hospital s ability to protect patients from preventable errors, accidents, injuries, and infections.

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