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Declaring it is desirable for the health, safety and welfare of the people of the area served by Temple University Hospital, Inc., Jeanes Hospital, Temple Physicians, Inc., Temple Health System Transport Team, Inc., the American Oncologic Hospital, the Institute for Cancer Research and Fox Chase Network, Inc. for The Hospitals and Higher Education Facilities Authority of Philadelphia to undertake certain projects for such entities, each of which are nonprofit corporations.
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WHEREAS, The Hospitals and Higher Education Facilities Authority of Philadelphia (the "Authority") was duly incorporated under the provisions of the Municipality Authorities Act of 1945 of May 2, 1945, P.L. 382, as reenacted by 53 Pa. Cons. Stat. ยง5601 et seq. (2002) (the "Act"); and
WHEREAS, Temple University Hospital, Inc. owns and operates Temple University Hospital; Jeanes Hospital owns and operates Jeanes Hospital; Temple Physicians, Inc., a not-for-profit primary physicians network, has offices throughout Philadelphia, Pennsylvania; and Temple Health System Transport Team, Inc. has an office in Philadelphia, Pennsylvania; and
WHEREAS, Temple University Hospital, Inc., Jeanes Hospital, Temple Physicians, Inc. and Temple Health System Transport Team, Inc. (collectively, the "Temple Entities") are each a controlled affiliate of Temple University Health System, Inc. ("TUHS"); and
WHEREAS, Temple University Hospital, Inc., Jeanes Hospital, Temple Physicians, Inc. and Temple Health System Transport Team, Inc. constitute nonprofit hospital corporations or nonprofit corporation health centers within the meaning of the Act; and
WHEREAS, TUHS has entered an Affiliation Agreement, dated December 15, 2011 (the "Affiliation Agreement"), with the American Oncologic Hospital, the Institute for Cancer Research, Fox Chase Network, Inc. (collectively, the "Fox Chase Entities"), FCCC Select, Fox Chase Cancer Center and Fox Chase, LTD whereby TUHS will acquire the Fox Chase Entiti...
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