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Steward Wants Terms of Landmark Merger Changed

For-profit Steward Health Care System in Boston is trying to change the terms of its merger agreement with Landmark Medical Center in Woonsocket, R.I., before the agreement expires March 9, according to a Boston Globe report.

Steward Health would like the authority to lay off staff and cut services. With this authority, Steward may consider closing Landmark's maternity and psychiatric wards, according to the report. Steward officials say a key issue is a decision by Thundermist Health Center in Woonsocket, R.I., to send maternity patients to Women & Infants Hospital in Providence, R.I., instead of Landmark, according to the report.

Steward lawyers are due in Superior Court March 9 to add the new terms and extend the original merger agreement.

More Articles on Steward Health and Landmark Merger:

Landmark, Steward Merger Application Deemed Incomplete by Rhode Island Officials
Steward Waiting to File for State Approval of Landmark Medical Center But Still Committed to Acquisition
Steward, Landmark Medical Center Submit Merger Application
Steward Health Care Hires Lobbyist for Dealings Over Landmark Merger

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