Partners and Care New England Move Forward, Slowly

Partners and Care New England Move Forward, Slowly

by | Feb 2, 2018 12:29 pm | Hospitals

It’s not easy getting from the letter-of-intent stage, through due diligence, to a definitive agreement. Many hospitals that announce an LOI agreement go into due diligence and don’t end up on the altar after all. That seemed to be the fate of the LOI announced last April (2017) between Boston-based Partners HealthCare System and Providence, Rhode Island-based Care New England (CNE). The two not-for-profit systems had held on-again, off-again talks previously, and now both organizations’ boards were willing to give a merger a go. CNE includes Kent Hospital (323 beds), Women & Infants Hospital of Rhode Island (247 beds), the VNA of Care New England, Butler Hospital, an... Read More »

Doc Group Acquisitions Pick Up

by | Mar 16, 2015 7:56 pm | Hospitals

After a few quiet weeks with no announcements, the Physician Medical Group sector got busy. Sheridan Healthcare, a subsidiary of AmSurg Corp. (NASDAQ: AMSG), acquired Radiology Associates of Hollywood (Florida), which handles radiology services for 12 hospitals and other facilities in Broward County. US Anesthesia Partners picked up another Texas-based practice, Excel Anesthesia, P.A., which it will merge into Pinnacle Anesthesia Consultants, one of its founding partners. Then Partners HealthCare System, which was spurned by the Massachusetts Attorney General in its bid for South Shore Hospital, turned around and angered the AG once again by acquiring Harbor Medical Associates in South... Read More »