WBUR's Martha Bebinger reports that there's a new statewide hospital partnership in the works: Tufts Medical Center and the national for-profit network Vanguard Health Systems are launching a joint venture:
Tufts and Vanguard, which owns Metrowest and Saint Vincent's plan to build a network of high quality lower cost hospitals and physician groups across the state. A partnership between for-profit and not for profit hospitals is unusual in Massachusetts, but Tufts CEO Eric Beyer says the for-profit stigma is fading.
This venture is the latest as smaller hospitals join larger systems with experience in managing budgets and patient care.
Here's the full press release:
This program aired on September 18, 2012. The audio for this program is not available.