Graduate Hospital
Encyclopedia
Graduate Hospital was a hospital in the Southwest Center City
neighborhood of Philadelphia, founded in 1916 and repurposed in 2007. Medical care began on the site in 1889 under the name Philadelphia Polyclinic. Currently, the site is a rehabilitation and long-term acute-care facility known as Penn Medicine at Rittenhouse. The current facility is owned by University of Pennsylvania Health System
(UPHS) and operated in a partnership with the Good Shepherd Rehabilitation Network called Good Shepherd Penn Partners.
Graduate School of Medicine established Graduate Hospital as a clinical teaching facility. After losing money for several years, Penn spun off Graduate as an independent, non-profit hospital in 1977. In 1996, Graduate became part of the Allegheny Health System based in Pittsburgh. When Allegheny went bankrupt in 1998, the hospital was acquired by Tenet Healthcare
. Tenet had financial trouble in 2005, and in 2006 it sought to sell this and two other Philadelphia hospitals. UPHS finalized the deal in 2007, closed the facility as a full-service hospital, and began the conversion to a specialty medical facility.
Southwest Center City, Philadelphia, Pennsylvania
Southwest Center City is a neighborhood in South Philadelphia bordering Center City, Philadelphia, Pennsylvania. The neighborhood is bordered on the north by South Street, on the south by Washington Avenue, on the west by the Schuylkill River, and by Broad Street on the east...
neighborhood of Philadelphia, founded in 1916 and repurposed in 2007. Medical care began on the site in 1889 under the name Philadelphia Polyclinic. Currently, the site is a rehabilitation and long-term acute-care facility known as Penn Medicine at Rittenhouse. The current facility is owned by University of Pennsylvania Health System
University of Pennsylvania Health System
The University of Pennsylvania Health System is a diverse research and clinical care organization in Philadelphia, Pennsylvania. Founded in 1993, it currently operates under the direction and auspices of Penn Medicine, a division of the University of Pennsylvania...
(UPHS) and operated in a partnership with the Good Shepherd Rehabilitation Network called Good Shepherd Penn Partners.
History
The origins of the hospital are with the Philadelphia Polyclinic, founded in 1889 in the area of 20th and South streets in Philadelphia. In 1916 the University of PennsylvaniaUniversity of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
Graduate School of Medicine established Graduate Hospital as a clinical teaching facility. After losing money for several years, Penn spun off Graduate as an independent, non-profit hospital in 1977. In 1996, Graduate became part of the Allegheny Health System based in Pittsburgh. When Allegheny went bankrupt in 1998, the hospital was acquired by Tenet Healthcare
Tenet Healthcare
Tenet Healthcare Corporation, an investor-owned health-care delivery systems company based in Dallas, Texas. THC owns and operates 49 acute-care hospitals in 11 states and 90 outpatient centers in 12 states, with a majority of these hospitals in California, Florida and Texas...
. Tenet had financial trouble in 2005, and in 2006 it sought to sell this and two other Philadelphia hospitals. UPHS finalized the deal in 2007, closed the facility as a full-service hospital, and began the conversion to a specialty medical facility.