Word: caregroup
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Since its creation during a wave of hospital mergers, CareGroup has struggled financially...
Unlike many medical schools, Harvard doesn’t own the hospitals where its students are trained. But since twenty percent of HMS students are trained at BIDMC, officials say that the continuing financial viability of CareGroup is a concern...
...announcing Reinertsen’s resignation last month, CareGroup Chairman John P. Hamill thanked Reinertsen for his efforts but said that the hospitals’ fortunes had not improved quickly enough...
...hile the results for this year will be better than last year, they will not meet expectations. The boards of both CareGroup and BIDMC have agreed that the scope of the turnaround effort…needs to be enhanced,” Hamill wrote in a statement...
...CareGroup continued to hemmorage financially under Reinertsen’s direction, albeit at a slower rate...