Massachusetts Attorney General to Begin Hearings on Caritas Sale to For-Profit

Massachusetts Attorney General Martha Coakley will hold hearings from June 8 to July 1 on the $830 million sale of Caritas Christi Health Care to the private equity firm Cerberus Capital Management, according to a report by the Boston Herald.

Advertisement

After hearings in the six communities served by Caritas hospitals, Ms. Coakley will determine if the sale is in the communities’ best interest.

The Massachusetts Supreme Judicial Court, however, will ultimately decide on the deal.

Read the Boston Herald’s report on Caritas Christi Health Care.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Legal & Regulatory Issues

Advertisement

Comments are closed.