The sale of St. Christopher’s Hospital for Children in Philadelphia have received bankruptcy court approval, Philadelphia.cbslocal.com reported. Drexel University and Tower Health have agreed to acquire St. Christopher’s Hospital for Children for a reported $50 million.“St. Christopher’s is an important health care provider, and our goal from the beginning has been to preserve uninterrupted access to world-class pediatric care and nationally recognized programs," the hospital said in a statement. "We are satisfied that this transaction ensures St. Christopher’s has a healthy future ahead of it.” The auction was prompted by the closing of Hahnemann University Hospital after its parent company filed for bankruptcy in June.
