Plan announced for residents displaced by hospital's upcoming closing
Residency Program Insider, July 12, 2019
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Late last month Hahnemann University Hospital in Philadelphia declared bankruptcy with plans to close in September. Under a recently announced plan, the majority of its nearly 600 residents and fellows may be able to transfer to hospitals in the region that are part of the Tower Health system, according to a joint statement.
Under a $7.5 million deal that is still subject to approval by U.S. Bankruptcy Court, Tower would take ownership of Hahnemann’s residency and fellowship programs and its Medicare number. It is unclear how the transfer would work since Tower does not have accredited training programs to cover all of Hahnemann’s residents. Hahnemann has 570 residents across 15 specialties, while Tower has 118 residents in five specialties.
The soon-to-be-displaced residents are not required to transfer to Tower. Those who choose to accept positions elsewhere must be formally released by Hahnemann, along with the Medicare funding used to subsidize their training.
Source: The Philadelphia Inquirer
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