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Massachusetts' Quincy Medical Center Seeks Partner

Quincy (Mass.) Medical Center is seeking a partner to provide capital to the hospital and will consider a merger or acquisition opportunity, according to a Patriot Ledger report.

The hospital has hired Navigant to help identify the best partner and is confident a potential suitor will come forward in the next few months.

The 282-bed hospital experienced a $6 million drop in revenue last year compared to 2009, according to the report.

Read the Patriot Ledger report on Quincy Medical Center.

Related Articles on Quincy Medical Center:
Quincy Medical Center Nurses' Contract Negotiations Halt Until Federal Mediator Arrives
Quincy Medical Center Achieves Turnaround Under Interim CEO

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