For Immediate Release - February 17, 2015

AG Healey Statement on Partners Decision to Withdraw Intent to Acquire South Shore Hospital

BOSTON — Today, in a Stipulation of Voluntary Dismissal pdf format of Partners South Shore Decision - Feb 17, 2015
file size 1MB filed in Suffolk Superior Court, the Court was informed that Partners HealthCare System has determined not to proceed with the proposed acquisition of South Shore Hospital. Further, the Commonwealth will continue to evaluate the proposed acquisition of Hallmark Health Corp. if and when Partners and Hallmark complete pending federal regulatory obligations.

Attorney General Maura Healey issued the following statement:

“We appreciate the thoughtful process that Partners engaged in while making this important decision, and believe it is the right choice for Partners and the Commonwealth. We are thankful for the valuable input that was provided by the health care community throughout this process to help reach this result. Our office will now continue to review the proposed acquisition of Hallmark. Today’s decision does not change the fact that the work to make health care more affordable remains a major challenge ahead. Our office is committed to tackling that challenge, and we look forward to working cooperatively with all stakeholders on this important issue for our families, businesses, and Massachusetts.”