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Steward Health Care System to Merge Two Hospital Campuses

Steward Health Care System, based in Boston, has announced plans to merge two of its hospitals, according to a Boston Business Journal report.

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:
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