Hahnemann University Hospital

What Hahnemann University Hospital does

Hahnemann University Hospital was a 496-bed academic medical center located at 230 North Broad Street in Philadelphia, Pennsylvania, founded in 1849 and operated continuously for over 170 years prior to its closure. The hospital provided a comprehensive range of acute care services including 24/7 emergency department care, inpatient admissions, elective and emergency surgeries, diagnostic imaging, laboratory testing, endoscopy and colonoscopy, infusion therapy, aphaeresis, and sleep studies, alongside outpatient specialty clinics. It served as a teaching hospital supporting graduate medical education and affiliated with physician practices covering pathology, radiology, cardiology, and other specialties. The hospital billed through standard hospital charge structures — a basic daily rate covering room, meals, nursing, and housekeeping, plus separate charges for physician-ordered services such as imaging and lab tests, and professional fees from specialists.

The hospital's primary patient-facing digital product was the My Health Rec online portal, built on Cerner Health technology, enabling patients to access health records, share information with physicians, and pay hospital bills online. Revenue was generated from fee-for-service hospital billing across emergency, inpatient, surgical, and outpatient service lines, with financial counseling available for insurance and state/federal assistance applications. Distribution was direct: patients accessed services through the emergency department, direct admissions, and physician referrals within the Philadelphia metropolitan service area.

Hahnemann was owned by Philadelphia Academic Health System, LLC (PAHS), which also controlled St. Christopher's Hospital for Children. PAHS filed for Chapter 11 bankruptcy on June 30, 2019 after the hospital incurred losses of several million dollars per month. An orderly wind down began July 1, 2019, with services closing sequentially through August and the hospital building closing on or about September 6, 2019. Post-closure, the entity exists only in discontinued operations status, handling residual billing inquiries, medical records requests (processed via Tenet Healthcare), and bankruptcy claims administration (via Omni Agent Solutions).

Name

Hahnemann University Hospital

Legal name

Hahnemann University Hospital

Website

https://hahnemannhospital.com

Company type

Private

Founded year

1849

Operating status

Closed

Headcount range

1,001–5,000 employees

Short description

Hahnemann University Hospital was a 496-bed academic medical center in Philadelphia, founded in 1849, that provided emergency, inpatient, surgical, and outpatient services for over 170 years before closing in September 2019 following its parent's Chapter 11 bankruptcy filing.

Ownership category

akta.pro rank

Product category

Acute Care Hospital Services

NAICS

General Medical and Surgical Hospitals (622110)

SIC

Services-General Medical & Surgical Hospitals, Nec (8062)

akta.pro primary industry

Community & Regional General Hospitals (HLAFAAAB)

Keywords

• Academic medical center
• Emergency medical services
• Inpatient hospital care
• Surgical services
• Diagnostic imaging services

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Hospital Services Revenue: Revenue generated from hospital services including emergency care, inpatient care, surgeries, diagnostic services, and outpatient treatments. Hospital charges include a basic daily rate (room, meals, nursing, housekeeping) plus special services charges (physician orders such as X-rays and laboratory tests). The hospital also received billing from pathologists, radiologists, cardiologists and other specialists for professional services.

Distribution channels1 record

Marketing channels1 record

Core offering

Hahnemann University Hospital was a 496-bed academic medical center in Philadelphia that provided comprehensive acute care services including 24/7 emergency department care, inpatient hospitalization, elective and emergency surgeries, diagnostic imaging, laboratory testing, endoscopy/colonoscopy, infusion therapy, aphaeresis, and sleep studies to Philadelphia and surrounding communities. The hospital operated for over 170 years before closing on or about September 6, 2019 due to severe financial difficulties and the Chapter 11 bankruptcy filing of its parent company Philadelphia Academic Health System, LLC.

Product overview

Hahnemann University Hospital was a 496-bed academic medical center in Philadelphia that operated for over 170 years before closing in September 2019 due to financial difficulties and Chapter 11 bankruptcy. The hospital's primary patient-facing digital product was the My Health Rec online portal, which provided patients access to health records, communication with doctors, and bill payment functionality. The hospital also provided medical records, radiology films, and billing services through its discontinued operations, with records requests processed via Tenet Health Records Request. The hospital is no longer operational as of September 2019.

Differentiator

Problem solved

Functional benefit

Products and services

• Emergency Department Services 24/7 emergency department care services for patients requiring immediate medical attention, including trauma response and acute medical conditions. The emergency department permanently closed at 7:00 a.m. on August 16, 2019 as part of the orderly wind down.
• Inpatient Hospital Care Comprehensive inpatient services covering basic daily rate (room, meals, nursing, housekeeping) plus special services charges for physician-ordered diagnostics and treatments. Direct inpatient admissions ceased on July 19, 2019.
• Surgical Services Inpatient and outpatient surgical services including elective surgeries and emergency surgical procedures requiring operating room facilities. The inpatient operating room closed for non-emergency cases on July 17, 2019.
• Diagnostic Imaging and Laboratory Services Diagnostic services including X-rays, laboratory tests, and other imaging services ordered by physicians, with billing from pathologists, radiologists, cardiologists, and other specialists for professional services.
• Endoscopy and Colonoscopy Services Specialty diagnostic and therapeutic endoscopic procedures including endoscopy and colonoscopy services. These services ended on July 26, 2019 as part of the orderly wind down.
• Infusion and Apheresis Services Oncology-related infusion center services and aphaeresis procedures for patients requiring ongoing treatment. The Drexel outpatient oncology suite located in Hahnemann ceased operations on or about September 6, 2019.
• Sleep Lab Services Sleep studies and diagnostic services for patients with sleep-related conditions. The Sleep Lab closed on July 26, 2019 as part of the orderly wind down.
• My Health Rec Patient Portal Online patient portal powered by Cerner Health technology enabling patients to access their health records, share information with doctors, and pay health bills online. Previously available for patients to view medical records and manage billing before the hospital closure.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• Philadelphia Academic Health System, LLC (PAHS)coreOthersParent company of Hahnemann University Hospital and St. Christopher's Hospital for Children. Filed for Chapter 11 bankruptcy on June 30, 2019 along with certain subsidiaries and related physician practices.
• St. Christopher's Hospital for ChildrencoreOthersSister hospital under the same parent company Philadelphia Academic Health System, LLC. Part of the bankruptcy proceedings as the parent company sought to facilitate restructuring or sale.
• Tenet HealthcareminorOthersHandles medical records requests through Tenet Health Records Request at 14201 Dallas Parkway, Dallas, TX 75254. Phone: 469-893-6111. Also handles employment verification for employees whose employment ceased prior to January 11, 2018.
• Omni Agent SolutionsminorOthersHandles proof of claim inquiries and documentation for the bankruptcy proceedings. Phone: 866.662.2281. Email: [email protected].

Scale indicators2 records

Recent moves6 records

Expansion highlights1 record

Direct peers

• St. Christopher's Hospital for Children: Pediatric specialty hospital in Philadelphia and sister hospital to Hahnemann under Philadelphia Academic Health System, LLC; was included in the same 2019 Chapter 11 filing and provides directly comparable inpatient services in the same market.
• Crozer Health: Philadelphia-area health system operating acute care hospitals with emergency, inpatient, and outpatient services comparable to what Hahnemann offered before its closure.
• Einstein Medical Center Philadelphia: Philadelphia-based acute care hospital providing emergency, inpatient, and outpatient services directly comparable to Hahnemann's pre-closure service profile in the same metropolitan market.
• Hospital of the University of Pennsylvania (Penn Medicine): Large Philadelphia-based academic medical center providing complex inpatient care, surgery, and specialty services comparable to Hahnemann's pre-closure academic medical center offering.
• Temple University Hospital: Philadelphia-based academic medical center providing tertiary and quaternary care, emergency services, and specialty inpatient and outpatient services directly comparable to Hahnemann's pre-closure scope.
• Thomas Jefferson University Hospital: Major Philadelphia academic medical center offering a comprehensive range of emergency, inpatient, surgical, and outpatient services similar to those Hahnemann provided before closure.

Broad incumbents

• Tower Health: Regional health system operating acute care hospitals and outpatient facilities across southeastern Pennsylvania, including St. Christopher's Hospital for Children; broadly overlaps with the service categories Hahnemann provided before closure.
• Trinity Health: Large national nonprofit Catholic health system with multiple Philadelphia-region hospitals providing acute, emergency, and specialty inpatient services comparable to Hahnemann's historical offering.

Regional players

• Main Line Health: Suburban Philadelphia health system operating multiple acute care hospitals with emergency, inpatient, surgical, and outpatient services closely comparable to Hahnemann's historical service portfolio.
• Cooper University Health Care: Academic health system based in Camden, NJ, across the Delaware River from Philadelphia; provides tertiary acute care, emergency, and specialty services comparable to Hahnemann's pre-closure scope.

Market position

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

• LinkedInlinkedin.com/company/hahnemann-university-hospital

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hahnemann University Hospital