Tufts-New England Medical Center, Boston, will buy 164-physician Primary Care, following a trend of renewed interest among hospitals in acquiring doctors groups. Terms weren't disclosed. Tufts officials said they hoped the deal, expected to close in the third quarter, would boost referrals to the 394-bed medical center in the city's highly competitive healthcare market. Tufts has an existing corps of about 60 network doctors. The medical group has about 500,000 patients in southeastern Massachusetts and ranks as the region's largest independent primary-care group. The decision to align with Tufts came after the group considered proposals from all of Boston's academic medical centers, officials said. The group will become a Tufts subsidiary and change its name to New England Quality Care Alliance. Modern Healthcare in January reported that some hospitals were returning to the strategy of buying physician practices -- but often more selectively than in the past. Read the article. -- by Michael Romano
Tufts to buy 164-doc group in bid to boost referrals
Send us a letter
Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.