1998
In June, eight of Allegheny’s Philadelphia-area hospitals, including Hahnemann and St. Christopher’s Hospital for Children, along with the chain’s medical university and hundreds of doctors’ practices, file for bankruptcy. In November, Tenet Healthcare Corporation, a for-profit firm, buys Hahnemann, St. Christopher’s and six other Allegheny hospitals. Drexel University takes over the professional schools, including MCP Hahnemann University.