The health system has said bringing Merrimack Valley Hospital in Haverhill, Mass., and Holy Family Hospital in Methuen, Mass., together will financially strengthen the two facilities, according to the report. Steward will maintain all current services at both locations. The boards of the two hospitals — which already share a CEO, Lester Shindell — will merge.
Steward will now file an application with the Massachusetts Department of Public Health to add Merrimack to Holy Family’s license. The approval process is expected to take several months, according to the report.
More Articles on Hospital Transactions:
CHS Agrees to $475M Munroe Regional Lease Deal
For-Profit Hospital Chain to Acquire East Orange General Hospital
Community Health Center of Branch County Selects 3 Potential Suitors
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
