Under the agreement, which is not a full-scale merger or acquisition, leaders from the 229-bed Winchester will join Lahey’s board of trustees, and the hospital will become an affiliate of the system as part of a “shared governance” model, according to a news release. Lahey’s board includes members from its previous merger with Northeast Health System in Beverly, Mass., which was completed last year.
Lahey and Winchester will also work closely to build networks within primary care, women’s health, emergency medicine and cancer care.
Lahey includes Lahey Hospital & Medical Center, a teaching hospital of the Tufts University School of Medicine in Boston. In April, Lahey also announced it has entered partnership talks with Beth Israel Deaconess Medical Center in Boston.
More Articles on Hospital Transactions:
Vatican Approves Sale of Mercy Health System to Eastern Maine Healthcare Systems
What Does the Tenet-Vanguard Merger Mean for Healthcare?
Eastern Connecticut Health Network to Sell to For-Profit Chain
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
