The Reading Health System has completed the acquisition of five hospitals and their associated assets from subsidiaries of Community Health Systems.

The newly formed health system – called Tower Health – includes:

• Reading Hospital in West Reading
• Brandywine Hospital in Coatesville
• Chestnut Hill Hospital in Philadelphia
• Jennersville Hospital in West Grove
• Phoenixville Hospital in Phoenixville
• Pottstown Hospital in Pottstown

The acquisition was initiated when Reading Health executed an asset purchase agreement on May 25.

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Tower Health includes more than 11,000 employees, and offers strong, regional, integrated healthcare provider/payer system that offers leading-edge, compassionate healthcare and wellness services to a population of 2.5 million people.

“We are coming together to create an even more dynamic, expansive, and nationally recognized health system,” said Clint Matthews, President and CEO of Tower Health. “Our new name, Tower Health, reflects our collective strength, innovative spirit, and bold commitment to taking healthcare to new heights.”

Collaboration across Tower Health will enable its hospitals, providers, leadership, and staff to leverage best practices across the health system. Tower Health patients and communities at large will benefit from access to a broad range of services across Eastern Pennsylvania.

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