Jef­fer­son may buy Tem­ple Uni­ver­sity Health can­cer cen­ter

Modern Healthcare - - Regional News -

Jef­fer­son Health signed an ex­clu­sive agree­ment to con­sider buy­ing Tem­ple Uni­ver­sity Health Sys­tem’s Fox Chase Can­cer Cen­ter. The Philadel­phia-based or­ga­ni­za­tions have 90 days to de­ter­mine whether the ac­qui­si­tion will im­prove care for can­cer pa­tients in the re­gion and fit their strate­gic goals. The due dili­gence pe­riod will in­clude eval­u­a­tion of the sale of Tem­ple’s in­ter­est in Health Part­ners Plans, a man­aged-care op­er­a­tor.

The 100-bed Fox Chase Can­cer Cen­ter would pair nicely with Jef­fer­son’s Sid­ney Kim­mel Can­cer Cen­ter, Dr. Stephen Klasko, pres­i­dent of Thomas Jef­fer­son Uni­ver­sity and CEO of Jef­fer­son Health, said in pre­pared re­marks.

If the or­ga­ni­za­tions ap­prove the deal and it clears fed­eral and state reg­u­la­tors’ re­view, Jef­fer­son and Tem­ple would en­ter into a long-term on­col­ogy-re­lated aca­demic af­fil­i­a­tion agree­ment that would give Tem­ple res­i­dents, fel­lows and stu­dents ac­cess to ad­di­tional aca­demic and re­search re­sources.

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