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Beth Israel and Deaconess Hospitals announced plans to merge three weeks ago; and on Monday, Mount Auburn Hospital announced it would join them...
...proposed merger between Mount Auburn, Beth Israel and Deaconess would combine their resources into a single corporation with more than $1 billion in revenue, 9,000 employees and 1,800 physicians...
Hospital officials say they are positive that the merger between Deaconess, Beth Israel and Mount Auburn will succeed because it will create greater economic efficiency...
...will position Mount Auburn, its physicians and Beth Israel-Deanconess...to enhance quality, service and fiscal efficiency in the highly competitive marketplace of managed care," Francis P. Lynch, president of Mount Auburn Hospital, said in a press release...
...Though Mount Auburn will not become a physical entity of the merger, it will merge its resources with Beth Israel and Deanconess to allow for mass ordering of supplies and a joint-negotiation of insurance contracts which would lessen costs, according to Erin C. Martin, spokesperson for Deanconess Hospital...