Massachusetts' Public Health Council has approved the transfer of licenses for Merrimack Valley Hospital in Haverhill, Mass., and Nashoba Valley Medical Center in Ayer, Mass., to Boston-based Steward Health Care System, according to a Boston Globe report.
The acquisition does not require approval from the attorney general or Supreme Judicial Court because the two hospitals are already for-profit. Steward is expected to close the deals soon.
Read the Boston Globe report on Steward Health Care System's acquisition of Merrimack Valley Hospital and Nashoba Valley Medical Center.
Read more coverage on Steward Health Care System:
- Steward Names John Polanowicz President of Massachusetts' St. Elizabeth's Medical Center
- Massachusetts' Saints Medical Center Signs Letter of Intent With Steward
- Boston's Steward Health Beats Southcoast Health in Acquisition of Morton Hospital
The acquisition does not require approval from the attorney general or Supreme Judicial Court because the two hospitals are already for-profit. Steward is expected to close the deals soon.
Read the Boston Globe report on Steward Health Care System's acquisition of Merrimack Valley Hospital and Nashoba Valley Medical Center.
Read more coverage on Steward Health Care System:
- Steward Names John Polanowicz President of Massachusetts' St. Elizabeth's Medical Center
- Massachusetts' Saints Medical Center Signs Letter of Intent With Steward
- Boston's Steward Health Beats Southcoast Health in Acquisition of Morton Hospital