The Children’s Hospital of Philadelphia (CHOP) released the following statement regarding the termination of an agreement between CHOP and Vanguard Health Systems to join with the University of Texas Health Science Center at San Antonio in the construction of a new children’s hospital.
“Earlier this year, The Children’s Hospital of Philadelphia entered into a partnership with Vanguard Health Systems and the University of Texas Health Science Center at San Antonio to build a new pediatric hospital for the children of that community. Until the recent announcement of Tenet’s proposed acquisition of Vanguard Health Systems, we remained fully- committed to that goal.
CHOP and Tenet actively compete in the Philadelphia market, which presents ethical and practical obstacles to continuing in partnership with Vanguard at this time. Regretfully, CHOP has chosen to withdraw from the San Antonio project under the existing terms of the agreement.
In our relationships with our partners, and in our conversations with the leaders of the medical and civic communities, we have said that our primary goal was to deliver the same medical excellence to the children of San Antonio as we do for children in Philadelphia. We regret that current circumstances will prevent us from being part of that effort presently.”