Massachusetts’ Northeast Hospital Corp. Considers Merger, Sale

Northeast Hospital Corp., which operates Beverly (Mass.) Hospital and Addison Gilbert Hospital in Gloucester, Mass., is considering a merger or sale with one of four potential suitors, according to a Boston Globe report.

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The hospital is in talks with non-profit Burlington, Mass.-based Lahey Clinic and Beth Israel Deaconess Medical Center in Boston as well as for-profit Steward Health Care System — which recently acquired Caritas Christi — and Vanguard Health Systems.

Northeast Hospital Corp. has so far only had preliminary discussions with the systems, and no timeline for a decision has been released.

Partners HealthCare, the largest hospital system in Massachusetts, has not approached Northeast about a deal. According to an anonymous source cited in the article, Partners has been advised by state regulators it would face tougher scrutiny for additional expansion due to its current market power.

Read the Boston Globe report on Northeast Hospital Corp.

Read more coverage on Massachusetts hospitals:

– Massachusetts’ Good Samaritan Hires Beth Israel’s Jeffrey Liebman as CEO

– Caritas Christi Parent Announces Plans to Go National

– Paul Levy Resigns as Head of Boston’s Beth Israel Following Controversial Year

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