Thomas Jefferson University Hospital,Philadelphia
PHILADELPHIA—Thomas Jefferson University and the health caresystem Jefferson Health have reached an agreement to have Toledo,OH-based real estate investment firm Welltower acquire an interestin some of its real estate assets.
Under the terms of a Memorandum of Understanding, Welltower and Jefferson would create a jointventure whereby Welltower would acquire a stake in certain realestate assets of Jefferson. The transactions would be geared atenabling Jefferson to reduce some of its fixed asset investmentsand redeploy the capital to other clinical and academic strategicareas.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
