From the Boston Globe:
The parent company of Tufts Medical Center plans to expand its hospital network with the addition of Hallmark Health System, a merger that will help both sides compete in a market dominated by bigger institutions…
“Both of these systems were undersized to be able to compete effectively, so it’s a good matchup from that standpoint,” said David E. Williams, president of the Boston-based consultancy Health Business Group. “It’s unlikely that there will be any serious regulatory opposition to this. If anything, I think the regulators will look favorably on this. I think it will help create more competition with Partners than if these companies just stayed on their own.”
This seems like a pretty good outcome for the institutions involved and for the healthcare market in Eastern Massachusetts.
I’m just back from vacation and look forwarding to jumping back into the blog!
from Health Business Blog https://healthbusinessblog.com/2016/07/01/hallmark-and-tufts-combine-im-quoted/
via A Health Business Blog