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Becker's Healthcare March 26, 2025
West Reading, Pa.-based Tower Health has sold Brandywine Hospital, a 171-bed hospital, to a subsidiary of real estate developer Regal Builders, a spokesperson for the system confirmed to Becker’s.
“This transaction enhances our financial position by increasing liquidity while removing the ongoing operational costs associated with maintaining the property,” the health system said in a statement. “This marks one of the...
