Tower Health Overview
- Year Founded
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1866
- Status
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Private
- Employees
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11,500
- Latest Deal Type
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Debt
- Latest Deal Amount
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$3.2M
Tower Health General Information
Description
Provider of medical care services intended to provide medical treatment and wellness services to regional communities. The company operates a regional integrated healthcare system that combines acute care hospitals with academic medicine and specialized outpatient services, enabling patients in regional communities to access coordinated clinical services, emergency response, and academic medicine through a network of hospitals and specialized facilities.
Contact Information
Website
www.towerhealth.orgCorporate Office
- 420 South Fifth Avenue
- West Reading, PA 19611
- United States
Corporate Office
- 420 South Fifth Avenue
- West Reading, PA 19611
- United States
Tower Health Timeline
Tower Health Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Debt - General | $3.2M | Completed | Generating Revenue | |||
| 3. Leveraged Recapitalization | 26-Aug-2024 | Completed | Generating Revenue | |||
| 2. Debt Refinancing | 04-Jun-2024 | $142M | $142M | Completed | Generating Revenue | |
| 1. Debt - General | Completed | Generating Revenue |
Tower Health Comparisons
Industry
Financing
Details
Tower Health Competitors (1)
One of Tower Health’s competitors is Prime Healthcare Services, a Corporate Backed or Acquired company based in Ontario, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Prime Healthcare Services | Corporate Backed or Acquired | Ontario, CA |
Tower Health Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Tower Health Investments & Acquisitions (11)
Tower Health’s most recent deal was a Joint Venture with Tower Behavioral Health. The deal was made on 14-Jul-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Tower Behavioral Health | 14-Jul-2020 | Joint Venture | Hospitals/Inpatient Services | ||
| St Christophers Healthcare Hospital | 15-Dec-2019 | Merger/Acquisition | Hospitals/Inpatient Services | ||
| Hahnemann University Hospital | 01-Dec-2019 | Buyout/LBO | Other Healthcare Services | ||
| Tower Health Urgent Care | 01-Dec-2018 | Merger/Acquisition | Clinics/Outpatient Services | ||
| Brandywine Hospital (Coatesville) | 01-Oct-2017 | Corporate Asset Purchase | Buildings and Property |
Tower Health Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Tower Health Urgent Care | Philadelphia, PA | 2006 | |
| Reading Health System Pension Plan | Reading, PA | 1962 |
Tower Health FAQs
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When was Tower Health founded?
Tower Health was founded in 1866.
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Where is Tower Health headquartered?
Tower Health is headquartered in West Reading, PA.
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What is the size of Tower Health?
Tower Health has 11,500 total employees.
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What industry is Tower Health in?
Tower Health’s primary industry is Hospitals/Inpatient Services.
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Is Tower Health a private or public company?
Tower Health is a Private company.
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What is Tower Health’s current revenue?
The current revenue for Tower Health is .
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How much funding has Tower Health raised over time?
Tower Health has raised $145M.
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Who are Tower Health’s competitors?
Prime Healthcare Services is a competitor of Tower Health.
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