The nonprofit Tenor Health Foundation completed its acquisition of Commonwealth Health and its hospitals in Scranton and Wilkes-Barre, finalizing the deal many see as a lifeline for the financially struggling Scranton facilities in particular.
It makes Tenor the new owner of Commonwealth’s Regional Hospital of Scranton, its nearby Moses Taylor Hospital campus in the city and Wilkes-Barre General Hospital in Luzerne County, as well as Commonwealth’s related physician clinic operations, ambulatory surgical centers and outpatient services. Commonwealth announced the completion of the acquisition Monday after the state Department of Health approved the ownership change last week.
“Patients can be reassured that there will be no interruption in care and quality and compassionate care will be our focus,” according to a Commonwealth press release. “All hospitals, clinics, and services will remain open and fully operational, and employees, physicians, and providers will remain in place, ensuring continuity of care with the teams patients know and trust.”
The ownership transition also returns the health system to nonprofit ownership, “reinforcing a mission-driven commitment to community-based care.”
The state’s recent approval of the ownership transition and its subsequent completion come as a major relief to union hospital workers and others who feared Regional and Moses Taylor would close if the deal fell through. It followed more than a year of concerted efforts by stakeholders working on multiple front to facilitate a new deal after another nonprofit’s attempt to acquire the three hospitals collapsed in late 2024.
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