{"id":477946,"date":"2010-03-26T13:03:16","date_gmt":"2010-03-26T17:03:16","guid":{"rendered":"http:\/\/blogs.wsj.com\/health\/2010\/03\/26\/massachusetts-hospital-chain-to-go-for-profit\/"},"modified":"2010-03-26T13:03:16","modified_gmt":"2010-03-26T17:03:16","slug":"massachusetts-hospital-chain-to-go-for-profit","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/477946","title":{"rendered":"Massachusetts Hospital Chain to Go For-Profit"},"content":{"rendered":"

\"\"There’s more action to report in the hospital industry: Cerberus Capital Management is going to buy Caritas Christi Health Care, the second-largest hospital chain in New England, the WSJ<\/a> reports. Caritas will become a for-profit entity if the deal is approved.<\/p>\n

This deal comes on the heels of Vanguard Health Systems’s deal earlier this month to buy not-for-profit Detroit Medical Center, a chain of seven hospitals. Vanguard is owned by private equity firm Blackstone<\/a>.<\/p>\n

Hospitals have been struggling with increasing costs, low Medicare rates and cuts to Medicaid reimbursement but the industry is expected to benefit from the overhaul of the health-care system. <\/p>\n

Health Blog Question of the Day: Will we see more action by investors in the hospital sector?<\/strong><\/p>\n

(Bonus: Read more from the Boston Globe<\/a> about the history of Caritas, which started as a small Catholic hospital in South Boston 150 years old.)<\/p>\n

Image: iStockphoto<\/em><\/p>\n

<\/img><\/a>
\n<\/img><\/a><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

There’s more action to report in the hospital industry: Cerberus Capital Management is going to buy Caritas Christi Health Care, the second-largest hospital chain in New England, the WSJ reports. Caritas will become a for-profit entity if the deal is approved. This deal comes on the heels of Vanguard Health Systems’s deal earlier this month […]<\/p>\n","protected":false},"author":5844,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-477946","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/477946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/5844"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=477946"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/477946\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=477946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=477946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=477946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}