[EDITED to give likely identification of the OP's surface at the end]
An elliptic K3 surface has discriminant $\Delta$ of degree $24$, and $\Delta$ has valuation 2 or 3 at an $A_1$ fiber depending on whether the Kodaira type is I$_2$ or III, so if that's the only kind of singular fiber there must be at least $24/3=8$ such fibers (and that is possible, e.g. $y^2 = x^3 + ax$ over the $t$-line, with $a=a(t)$ a polynomial of degree $8$ with distinct roots).
Your description of an $A_1$ fiber is not quite right: it's two lines meeting at two points, counted with multiplicity, so either transversely at two different points (type I$_2$) or at the same point with multiplicity 2 (type III). The intersection graph is the extended Dynkin diagram $\tilde A_1$. Likewise for the other A-D-E fiber types.
For the K3 surface you're studying: in general a K3 surface can have many (albeit finitely many) non-isomorphic elliptic fibrations, so without further information I can't compute the configuration of singular fibers and other invariants of your fibration. How did you obtain it? Do you have an explicit formula?
[added the next day] On further thought, there's a natural elliptic fibration on this surface that's probably what the OP had in mind, with octahedral symmetry respecting the $S_4$ symmetry of Hirzebruch's construction, and it is indeed a well-known fibration: the universal elliptic curve over the modular curve ${\rm X}(4)$, i.e. the universal curve with full level-4 structure. This fibration in fact respects all $2^5 4!$ symmetries of the Hirzebruch construction ($4!$ permuting the four vertices, and $2^5$ deck transformations): the octahedral symmetries give ${\rm PSL}_2({\bf Z}/4{\bf Z}) \cong S_4$, and translation by the $4^2$ torsion points together with inversion in the group law gives the factor of $2^5$. The six reducible fibers, coming from the six cusps of ${\rm X}(4)$, are of type I$_4$, so contribute $A_3$ each to the Néron-Severi lattice. I don't know whether this identification is in the literature already; if anybody would know whether it's been published already, Dolgachev would.
To get this fibration, start with the pencil of conics through the four special points $P_1,\ldots,P_4$. A generic such conic is a rational curve on which Hirzebruch's $2^5:1$ cover restricts to a $2^3:1$ cover branched at four points, giving an elliptic curve isomorphic with the double cover branched at the same points. That's not quite a fibration of our K3, because the missing factor of $2^2$ comes from extracting square roots of functions that are constant but not necessarily square on the generic conic; we need a $2^2:1$ cover of the base curve of the pencil. This base change is branched at three points, corresponding to the three reducible conics in the pencil (unions of lines {$P_1 P_2$ and $P_3 P_4$}, {$P_1 P_3$ and $P_4 P_2$}, or {$P_1 P_4$ and $P_2 P_3$}). Thus the actual base curve has six cusps, with $S_4$ symmetry coming from the $S_3$ permutations of the reducible conics together with the $2^2:1$ cover.
To do this explicitly it is convenient to put the $P_m$ at the four points with projective coordinates $(\pm 1 : \pm 1 : \pm 1)$. The action of $S_4$ is then by signed permutation matrices. The six lines $P_m P_n$ are $x = \pm y$, $y = \pm z$, and $z = \pm x$. The pencil of conics is $Ax^2 + By^2 + Cz^2 = 0$ with $(A:B:C)$ on the line $A+B+C=0$. The $2^2:1$ base change is $(A:B:C) = (a^2:b^2:c^2)$.