Transactions & Valuation Issues

Steward to Acquire Massachusetts’ Quincy Medical Center

Boston-based Steward Health Care System will acquire Quincy (Mass.) Medical Center, according to a Patriot Ledger report.

By: Staff

Wednesday, June 29th, 2011

Quincy Medical Center has a $6 million operating deficit and is $56 million in debt.

The deal will need to be approved by bond holders and state regulations.

Read the Patriot Ledger report on Quincy Medical Center.

Related Articles on Steward Health Care System:
Boston’s Steward Health Care Cuts Business Office Positions
Steward Health to Pay More Than $71M For Rhode Island’s Landmark Medical Center
Judge Approves Sale of Rhode Island’s Landmark Medical Center to Steward Health Care

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