South Shore Hospital – Partners HealthCare Merger Update
Weymouth, MA -- May, 19, 2014 -- South Shore Hospital is pleased with today’s announcement by the Massachusetts Attorney General’s Office that the regulatory reviews of our plans to join Partners HealthCare are nearing conclusion, and that we will be able to move forward with our merger.
Our merger’s approval is part of a larger Agreement-in-Principle that has been reached between the Attorney General and Partners. The conditions in the agreement align with our commitment to contain health care costs, as well as to improve the local accessibility and availability of high quality health care.
Once the regulatory reviews formally conclude in the next several weeks, we will address the numerous details associated with formally joining Partners. We expect that process will take several more months to finalize.
Moving ahead with our merger will substantially enhance our ability to fulfill our charitable mission for the people of the South Shore. By joining Partners and working even more closely with Brigham and Women's Hospital, we will improve local access to primary and specialty care, support patient care being delivered in lower-cost community settings, and work within new payment models that focus on the quality of care.
The expressions of community support of the merger were invaluable during the regulatory review process and will make it possible for our charity to advance the health and well-being of our region now — and for generations to come.
About South Shore Health and Education Corporation
South Shore Health and Educational Corporation is a not-for-profit, tax-exempt, charitable health system comprising South Shore Hospital, Health Provider Services Organization, South Shore Physician Hospital Organization, South Shore Hospital Charitable Foundation and South Shore Physician Ambulatory Enterprise. South Shore Hospital is the leading regional provider of acute, outpatient, home health, and hospice care in Southeastern Massachusetts. Health Provider Services Organization is a not-for-profit organization that exists to align the interests of the community, physicians and South Shore Hospital in the provision of integrated, coordinated patient care. South Shore Physician Hospital Organization contracts with insurers to enhance local access to affordable, high quality health care. South Shore Hospital Charitable Foundation generates philanthropic support to advance the health system’s charitable mission. South Shore Physician Ambulatory Enterprise is a not-for-profit organization that employs physicians and advanced practice clinicians who want to play a central role in redesigning care across the continuum. Please visit southshorehospital.org for more information.
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