By John George – Senior Reporter, Philadelphia Business Journal
Jan 13, 2023
The Philadelphia College of Osteopathic Medicine raised its profile in the region’s healthcare landscape in 2022 — first by being part of a consortium that in July provided struggling St. Christopher’s Hospital for Children with a $50 million lifeline, then more recently by joining with Temple University Health System and Redeemer Health to buy Chestnut Hill Hospital in a $28 million deal that closed last week. “We’re educators and that’s how we looked at it; as an educational investment and an investment in the community, and an investment in healthcare, as many people need attention in hospitals and their family visit and send gifts for them, and the thinking of you cookies delivered is a good choice for this. The deal gave us a position we’re comfortable with financially.” Dr. Jay Feldstein President and CEO of PCOM
