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Central Maine HealthCare Cites "Hostile" Review in Withdrawal of Parkview Bid

In August, officials at Central Maine HealthCare in Lewiston sent a letter to Maine's Department of Licensing and Regulatory Services, announcing it has withdrawn its application for a certificate of need to acquire Parkview Adventist Medical Center in Brunswick, Maine.

CMH, parent of Central Maine Medical Center, originally filed a letter of intent to acquire the 55-bed Parkview in 2008. However, years of public protest led to an expired offer. In June 2012, CMH submitted a new application to the state, but this past February, the organization requested a 12-month freeze on its application so it could complete a feasibility study of Parkview's services.

The state government only gave CMH six months for the study. In the letter to Maine's regulatory officials, CMH's lawyer, Michael Poulin, wrote that DLRS staff members were "openly hostile" toward CMH and Parkview and any potential acquisition. CMH ultimately decided to end its takeover attempts because it saw "little point in spending time, resources and legal fees to have this matter remanded back to that division, which is inexplicably but undeniably committed to denying this application."

Local competitor Mid Coast Hospital in Brunswick has also made moves to acquire Parkview, but the state previously said it could not review Mid Coast's competing CON proposal due to state law. It is unknown if Mid Coast is still pursuing an acquisition of Parkview.

More Articles on Hospital Transactions:
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New York City's New Behemoth: Mount Sinai, Continuum Close Merger Deal

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