ASSET PURCHASE AGREEMENTAsset Purchase Agreement • September 20th, 2019 • Pennsylvania
Contract Type FiledSeptember 20th, 2019 JurisdictionThis Asset Purchase Agreement (this “Agreement”) is made and entered into as of the 20th day of September, 2019 (the “Signing Date”) by and among St. Christopher’s Healthcare, LLC (the “Hospital Seller”), Philadelphia Academic Medical Associates, LLC and certain affiliated debtor physician practice groups, Philadelphia Academic Medical Associates, LLC, SCHC Pediatric Associates, L.L.C., St. Christopher’s Pediatric Urgent Care Center, L.L.C., SCHC Pediatric Anesthesia Associates, L.L.C., StChris Care at Northeast Pediatrics, L.L.C., TPS V of PA, L.L.C. (the “Practice Group Seller” and with the Hospital Seller, the “Debtor Parties”), (the Debtor Parties each referred to herein individually as “Seller” and collectively as “Sellers”), and STC OpCo LLC, a Pennsylvania limited liability company formed by Drexel University and Tower Health to acquire certain assets of the Debtor Parties (“OpCo Buyer”).