Word: kayes
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...think there'll ever be a complete merger," Kay said. "I'm not sure that it really makes sense to have a 5000 bed hospital...
...trustees are aware that there's a whole new era here," Kay said...
Still, the hospitals also each have proud histories from eras gone by. "These are very old, very strong, very established institutions," Kay said. Individual departments, and department chairs, within each hospital would likely resist being shut down as part of some cost-cutting plan...
...Kay pointed out that, at Beth Israel, at least, there have been no layoffs, and he said there has been no loss of independence...
...consolidation schemes make sense. After all, Kay said, Harvard and MIT both have economics departments, and no one is suggesting that the two institutions merge and move all economics operations to one campus...