St. Christopher's Hospital for Children, Philadelphia St. Christopher's Hospital for Children,Philadelphia

PHILADELPHIA—Tower Health and Drexel University report they havecompleted the purchase of the St. Christopher's Hospital forChildren from St. Christopher's Healthcare, LLC, a subsidiary ofAmerican Academic Health System.

The acquisition was finalized on Dec. 13 with an effective dateof Sunday, Dec. 15. Tower and Drexel University reached an agreement in late September toacquire St. Christopher's Hospital for Children for $50 million ina bankruptcy sale.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.