healthcare2 hours ago
Redeemer Health Files for Chapter 11 as Holy Redeemer Hospital Faces Sale or Closure
Redeemer Health filed for Chapter 11 bankruptcy on November 1, 2026, signaling potential sale or closure of its 239-bed Holy Redeemer Hospital in Abington. The move follows nine years of operating losses, missed bond payments, and the resignation of CEO Greg Wozniak. Interim CEO Jim Logue stated the hospital cannot compete with larger systems, though patient care and 3,200 jobs are expected to continue uninterrupted during the reorganization process.