In 1970, the boards of Memorial Hospital (originally Homeopathic Hospital) and Pottstown Hospital agreed to merge and construct a new facility, known as Pottstown Memorial Medical Center. Within a year, groundbreaking was held for the seven-story, 300-bed facility that still stands at Armand Hammer Boulevard. This not-for-profit institution served residents in Montgomery, Chester and Berks counties for medical, surgical, OB/GYN, pediatrics, coronary care and intensive care, oncology, and in-patient and out-patient services.
In 2002, the Board of Directors and management of Pottstown Memorial Medical Center examined the hospital’s ability to fund the capital investments required to continue providing the high level of care that the community had come to expect. Due to the reductions in reimbursements and the competition, they determined that a change of business strategy was necessary. The board and management evaluated other similar regions’ solutions and recognized the benefits that would emerge by being acquired by a fiscally stronger healthcare entity. Many options were investigated, and it was determined that the opportunity provided by Community Health Systems would most benefit the Pottstown area.
In July 2003, the Pottstown Area Health & Wellness Foundation was founded as the result of the sale of Pottstown Memorial Medical Center to Community Health Systems.
As of September 30, 2011, the Foundation has $52.7 million in net assets which is designated for enhancing the health and wellness of Pottstown area residents. The Foundation serves the residents of Pottstown borough and those within a 10-mile radius of the borough. The Foundation uses earnings from assets to fund program grants to be deployed through non-profit Section 501(c)(3) organizations that provide services within the designated Pottstown area.
As part of our strategic plan, the Foundation has redefined our long-term goals, effective June 28, 2011:
- Funding programs and solutions for long-term improvement in healthy behaviors.
- Promoting healthy living through nutrition, activities and programs in public and private schools to reduce obesity and encourage healthy living.
- Improving parks, programming and the built environment to increase access and physical activity.
- Creating and promoting social networks involving healthy living.
- Funding programs for physical health and emotional well-being.
- Funding learning opportunities and strategic planning to strengthen non-profits.