HISTORY
The
Chestnut Hill Health Care Foundation was created as a result of
the sale of Chestnut
Hill HealthCare to a joint venture between Community Health
Systems, Inc. a for-profit health care system headquartered in
Brentwood Tennessee and the University of Pennsylvania Health
System.
Chestnut
Hill HealthCare was an integrated health care system including
the 100-year-old Chestnut Hill Hospital as well as Chestnut Hill
Rehabilitation Hospital, and other related entities.
The
Chestnut Hill Health Care Foundation has received the charitable
assets of Chestnut Hill HealthCare as well as assets received
from the sale. These assets include previously donated gifts,
including bequests, trusts and endowment funds. The Chestnut Hill
Health Care Foundation will use these and additional donated funds
to further the health and well being of the communities of northwest
Philadelphia and Montgomery County.