Hallmark and Tufts combine: I'm quoted
From the Boston Globe:
The parent company of Tufts Medical Center plans to expand its hospital network with the addition of Hallmark Health System, a merger that will help both sides compete in a market dominated by bigger institutions...“Both of these systems were undersized to be able to compete effectively, so it’s a good matchup from that standpoint,” said David E. Williams, president of the Boston-based consultancy Health Business Group. “It’s unlikely that there will be any serious regulatory opposition to this. If anything, I think the regulators will look favorably on this. I think it will help create more competition with Partners than if these companies just stayed on their own.”
This seems like a pretty good outcome for the institutions involved and for the healthcare market in Eastern Massachusetts.I'm just back from vacation and look forwarding to jumping back into the blog!
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By healthcare business consultant David E. Williams, president of Health Business Group.