Sponsored by VMG Health | info@vmghealth.com | 214.369.4888

Boston Medical Center, Tufts begin merger talks

Boston Medical Center, the largest safety net hospital in Massachusetts, and Tufts Medical Center in Boston have confirmed they are discussing a merger, according to a Boston Globe report.

Regarding the possible merger, Tufts vice president Brooke Hynes said bringing Tufts and BMC together could be "powerful and meaningful," since both organizations "share a commitment to high quality, lower cost healthcare, and to serving every patient with the greatest respect and compassion," according to the report.

Jennifer Watson, chief of staff at BMC, also showed optimism about a potential merger deal, according to the report. "There is more work we need to do before making a decision, but our conversations to date suggest the combination of our organizations could strengthen our missions to provide the highest-quality care to patients for many years to come," she said.

Tufts and BMC are both teaching hospitals. Tufts is connected with Tufts University School of Medicine, and BMC is affiliated with Boston University School of Medicine.

More articles on healthcare industry transactions:

Onslow Memorial Hospital in exclusive partnership talks with CarolinaEast, Vidant
Blue Shield of California to enter Medicaid market with purchase of Care1st Health Plan
Merger between Catholic Health, Mount St. Mary's Hospital receives go-ahead

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars