Tufts Medical Center, Lowell General, seek merger



Estimated read time: 1-2 minutes

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

LOWELL, Mass. (AP) — Tufts Medical Center in Boston and Lowell General Hospital have reached a tentative deal on a merger officials say will make both institutions stronger while lowering medical costs.

Both are among the last remaining independent hospitals in the state and had been looking for partnership opportunities.

Under terms of a tentative agreement announced Monday, each nonprofit hospital would continue to operate independently under a new parent organization, which has yet to be named. Other health care providers could eventually be added.

Lowell General and Tufts already have clinical affiliations.

The two hospitals are similar in size, each with more than 400 beds. The Boston hospital is the principal teaching hospital for the Tufts University School of Medicine.

The deal is subject to approval from state regulators.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast