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Merger Fever: Winchester, Hallmark Consider Joint Venture

WBUR's Martha Bebinger reports that two community hospital networks north of Boston are the latest to begin talks about a merger or affiliation.

Winchester Hospital and Hallmark Health, which includes Lawrence Memorial and Melrose-Wakefield hospitals are in discussions about a possible joint future. Hallmark Health spokesman Rick Pozniak says hospitals would need to form larger networks if the state requires managing health care payments on a budget.

"Hospitals are trying to determine the best way of meeting those payment expectations and in some cases, collaboration, partnerships, affiliations is a road that many have considered and some are even implementing today," he said.

Pozniak says talks began a few weeks ago and there’s no timeline for a decision.

This program aired on June 14, 2011. The audio for this program is not available.

Rachel Zimmerman Twitter Health Reporter
Rachel Zimmerman previously reported on health and the intersection of health and business for Bostonomix.

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