The Mercury (Pottstown, PA)

Tower Health, Drexel to develop campus

Medical school branch will be in West Reading

- By Donna Rovins drovins@21st-centurymed­ia.com @MercBiz on Twitter

WEST READING » Tower Health and Drexel University have announced plans to develop a Berks County branch medical school campus of Drexel University College of Medicine.

The agreement was outlined during a press conference Monday morning.

The branch campus will bring undergradu­ate and graduate clinical education and research to West Reading according to a statement.

It will be located near the Reading Hospital campus, and is expected to be operationa­l for the 2020-2021 school year, after receiving the appropriat­e accreditat­ion.

According to Tower Health’s President and Chief Executive Officer Clint Matthews, the affiliatio­n leverages the reputation of Drexel and Tower Health’s clinical quality of care, “as a provider and payer.”

“This innovative collaborat­ion also addresses the challenge of an increased demand for highly trained physicians, and will provide a positive economic impact to the Berks County region,” he said in a press release.

Tower Health is currently evaluating potential sites, and has not made a final determinat­ion on where to locate the branch campus.

Informatio­n is not yet available on the number of students that will study at the branch campus, according to a Tower Health spokeswoma­n.

“We are so pleased to share with Tower Health in this effort to expand opportunit­ies for medical training in our region, which will benefit practition­ers and patients alike,” said John Fry, Drexel president, in a statement.

The branch campus of Drexel University College of Medicine is also expected to result in increased jobs for physicians, ed-

cluding taxes and property taxes must be considered. As one example, Chester County, located in the Greater Philadelph­ia Metropolit­an Area, and one of the most prosperous Pennsylvan­ia counties, is a fairly expensive place to live but has some great services. Even within counties, different school districts have dramatical­ly different relative property tax burdens. Those who intend to move need to research all the factors including the cost of the move.

• Share Housing or Rent. Shared housing works for some as does moving to an apartment. Apartment living does have some downside since there is no equity and it is easier to be dispossess­ed from an apartment then from a house. There is more security in owning a home than in renting. One considerat­ion in getting a roommate is to know the person well since there are security concerns and

instances of abuse. Here are some other possibilit­ies.

• Moving in With Children or Children Moving

in With You. Business arrangemen­ts with children should definitely be in writing with profession­al advice and considerin­g all the consequenc­es as a Family Agreement but, with this said, parents often make satisfacto­ry arrangemen­ts with their children either paying to add an “in-law suite” to a child’s home or buying properties together. The written Family Agreement can deal both with estate and family issues and potential Medicaid penalties since rental payment or payment for services without a written agreement can sometimes be considered “gifts” that disqualify parents for Medicaid. Sometimes parents pay rent or contribute to household expenses. Sometimes they “hire” their children to pay for services or care. Sometimes their children pay rent to them. Parents might buy an interest in their child’s home or a child buy an interest in their’s.

There are many ways to deal with debt before and during retirement both within and outside the family. Get qualified profession­al legal and financial advice before making the change. It can more than pay for itself.

Janet Colliton, Esq. is a Certified Elder Law Attorney and limits her practice, to elder law, retirement and estate planning, Medicaid, Medicare, life care, and special needs at 790 E. Market St., Suite 250, West Chester, Pa., 19382, 610-436-6674, colliton@collitonla­w.com. She is a member of the National Academy of Elder Law Attorneys and, with Jeffrey Jones, CSA, co-founder of Life Transition Services LLC, a service for families with long term care needs. Tune in on Wednesdays at 4 p.m. to radio WCHE 1520, “50+ Planning Ahead,” with Janet Colliton, Colliton Elder Law Associates, and Phil McFadden, Home Instead Senior Care.

 ?? SUBMITTED PHOTO ?? Tower Health is partnering with Drexel University to develop a Berks County branch medical school campus of Drexel University College of Medicine. The agreement was announced Monday. Shown here signing the agreement are left to right: Clint Matthews,...
SUBMITTED PHOTO Tower Health is partnering with Drexel University to develop a Berks County branch medical school campus of Drexel University College of Medicine. The agreement was announced Monday. Shown here signing the agreement are left to right: Clint Matthews,...

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