Boston-based Partners HealthCare has backed out of a deal to acquire South Shore Hospital in Weymouth, Mass., according to a Boston Business Journal report.
The announcement was made in a motion filed by Partners and Massachusetts Attorney General Maura Healy with the Suffolk Superior Court Feb. 17, according to the report.
The news comes after a Suffolk Superior Court Judge rejected a settlement deal in January that would have allowed Partners to acquire SouthShore and Hallmark Health System in Melrose, Mass.
Although Partners is backing out of the transaction with SouthShore, the system may still move forward with its acquisition of Hallmark Health System, according to the report. If Partners does move forward with that deal, Ms. Healy will further evaluate that transaction.
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