Temple looking at possible sale of Fox Chase Cancer Center, Jeanes Hospital

Temple University Board of Trustees, looking to ensure the "financial stability and long-term viability" of its health system, is hiring a financial advisor to pursue strategic options that could include the potential sale of Fox Chase Cancer Center and/or Jeanes Hospital. No final decision has been made regarding these two facilities, according to Temple officials. For the first three quarters of fiscal 2016, which ended March 31, the health system recorded losses of more than $31 million. The…
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