Temple Health has bought Redeemer Health’s 20% share of Chestnut Hill Hospital

Temple University Health System acquired Redeemer Health’s 20% stake in Chestnut Hill Hospital on Tuesday, Temple’s CEO Mike Young said in an interview. The deal gives Temple 80% ownership of the 148-bed hospital in the Northwestern section of Philadelphia. Philadelphia College of Osteopathic Medicine owns the remaining 20%. Temple manages the hospital.