 The sale of Dallas-based for-profit Tenet Healthcare's remaining Philadelphia assets was completed on January 12, 2018.Under American Academic Health System, Hahnemann's financial condition has worsened with the hospital losing roughly $3 million a month.Joel Freedman, CEO of American Academic Health System, has publicly stated that Hahnemann is on the brink of closure unless there is financial support from Pennsylvania or Drexel University College of Medicine — the hospital's academic affiliate.