Word: mergers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
BOSTON--As top officials hail the merger of two of Harvard's leading teaching hospitals, the hospitals' rank and file are quietly grumbling that amid the euphoria over cost-efficiency and claims of improved service, they are being overlooked...
...hospitals this week took what may be the first step toward consolidating the five main Harvard Medical School teaching hospitals, hoping to reduce costs and improve care. Further, officials see the merger as a shift toward becoming a primary care network that will allow them to better cope with what appear to be imminent changes in the American health care system...
...part, administrators sought a merger with an eye to cutting $240 million in costs from the two hospi- tals' combined operating budgets of $1.2billion...
...merger was finalized at a meeting thisweekend, attended by McArthur, other officials ofboth hospitals, and lawyers from the Boston firmRopes and Gray...
McArthur said the merger was presented to thegroup as a case study incorporating costs andresources at both hospitals. "We tried tounderstand in Boston and then in Massachusetts therelative strengths of each of these hospitals," hesaid...