Word: merger
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Dates: during 1990-1999
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Hospital staff said in interviews yesterdaythey thought the part of the merger mostattractive to the administration was its potentialto save money...
Apart from employee concerns about their jobs,there is also the possibility that the merger maycause the loss of some top physicians who may besqueezed out of their departments...
...merger of all the hospitals would definitelymake them more efficient and cut costs," says Dr.Daveed Frazier of Beth Israel. "Right now, Bostonhas one of the biggest concentrations of topdoctors in the country and a merger might causethe loss of top talent. From an academic and acare-provided point of view, the result of amerger won't be as good...
Administrators at the two hospitals, however,say they view the merger as a way to better theinstitutions' original purposes of "servingwhoever comes through the door," said H. RichardNesson, president and CEO of Brigham and Women'sHospital, at the press conference Wednesdayannouncing the move...
...merger isn't primarily about costreduction. It's about how to better serve thecommunity and carry out our mission," he said...