Tower Health Financial Problems

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Tower Health cuts operating losses to $141.9M, targets …

(5 days ago) WEBAlan Condon - Wednesday, September 6th, 2023. West Reading, Pa.-based Tower Health, a three-hospital system, reduced its operating deficit by more than $70 million to $141.9 million in fiscal year

https://www.beckershospitalreview.com/finance/tower-health-cuts-operating-losses-to-141-9m-targets-profitability-in-2024.html

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Tower Health's latest financial results show loss, little …

(8 days ago) WEBThe financial cleanup included a new $113.6 million charge to recognize that certain assets are no longer worth what they cost Tower. That brings total write-downs over the last three years to $508 million, …

https://www.inquirer.com/news/tower-health-losses-first-quarter-fiscal-2023-cash-reserves-down-20221123.html

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