APRIL 14, 2023 — 100 POSITIONS ELIMINATED
The company has announced additional layoffs as part of a cost-cutting initiative.
The initiative will impact 100 full-time equivalent positions, mostly non-clinical or management functions, to ensure the system is appropriately structured to meet our organizational goals."
NOVEMBER 3, 2021 — 293 LAYOFFS IN WEST GROVE, PENNSYLVANIA
Tower Health is continuing its restructuring plans and will be closing the Jennersville Hospital at the end of the year and plans to lay off 293 employees in West Grove, Pennsylvania by 12/31/21. The layoffs will affect workers at Jennersville Hospital, Jennersville Family Medicine, West Grove of PA Associates, and West Grove Clinic Co.
SEPTEMBER 29, 2021 — MAJOR RESTRUCTURING TO ACHIEVE FINANCIALLY STABILITY
Major layoffs as the company announced its plans to close its Jennersville Hospital in West Grove, Pennsylvania, and sell its Chestnut Hill Hospital in Philadelphia, Pennsylvania.
The Jennersville Hospital is scheduled to close on January 1, 2022, and its emergency department will remain open until the closing date.
Tower Health has signed a letter of intent to sell Chestnut Hill Hospital and more than a dozen urgent care centers to Livonia, Michigan-based Trinity Health Mid-Atlantic, the largest Catholic healthcare system serving the Greater Philadelphia area
JUNE 24, 2020 — Original post…
West Reading, Pennsylvania-based Tower Health, a regional integrated healthcare provider/payer system, has announced a reduction in force to counter losses attributed to reduced patient counts and lower reimbursement rates. Approximately 1,000 employees will be impacted by the permanent layoffs.
Even though the company previously furloughed more than 1,000 employees in April 2020, the losses through May 2020 totaled $212 million.
According to a company spokesperson, “The government-mandated closure of many outpatient facilities and the suspension of elective procedures caused a 40 percent drop in system revenue. At the same time, our spending increased for personal protective equipment, staff support, and COVID-related equipment needs.”
"Tower said positions will be eliminated in executive, management, clinical, and support areas. The cuts include consolidations of clinical operations. Tower is aiming to trim expenses by $230 million over the next two years, Matthews told staff."
“The decision to reduce our workforce has been difficult and painful because it impacts lives. It is necessary, however, to ensure that Tower Health can continue to serve the community with high-quality health care in the months and years ahead.”
Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?