Cooley Dickinson Hospital in Northampton, Mass., is exploring a partnership with a larger hospital in order to reduce costs, according to a report by The Republican.
Baystate Medical Center in Springfield, Mass., General Hospital in Boston and University of Massachusetts Medical Center in Worcester, Mass., have all been identified as potential candidates.
Cooley Dickinson hopes an affiliation would reduce its expenses. The hospital estimated restructuring debt after an affiliation could save $1.5 million a year, according to the report.
Read The Republican’s report on Cooley Dickinson Hospital.
Read other Becker's coverage on Massachusetts hospitals.
Massachusetts Aims to Reduce Healthcare Costs By Slowing Hospital Expansion Projects
Massachusetts Insurers Vow to Cut Hospital Rates
Massachusetts Hospitals Report $17.2B in Assets, With Wide Disparities
Baystate Medical Center in Springfield, Mass., General Hospital in Boston and University of Massachusetts Medical Center in Worcester, Mass., have all been identified as potential candidates.
Cooley Dickinson hopes an affiliation would reduce its expenses. The hospital estimated restructuring debt after an affiliation could save $1.5 million a year, according to the report.
Read The Republican’s report on Cooley Dickinson Hospital.
Read other Becker's coverage on Massachusetts hospitals.
Massachusetts Aims to Reduce Healthcare Costs By Slowing Hospital Expansion Projects
Massachusetts Insurers Vow to Cut Hospital Rates
Massachusetts Hospitals Report $17.2B in Assets, With Wide Disparities