PLYMOUTH, Mass.—Beth Israel Deaconess Medical Center in Boston now has state approval to acquire a hospital in Plymouth. Beth Israel Deaconess, an academic medical center, in January will become the sole corporate member of Jordan Health Systems, a not-for-profit organization that owns Jordan Hospital. The agreement already gained federal antitrust clearance. As part of the deal, announced in January, Beth Israel Deaconess will rename Jordan Hospital as Beth Israel Deaconess Hospital-Plymouth and will pay $10 million over five years for capital improvements, according to a hospital spokesman. “Integrating our existing services with the resources of BIDMC, our hospital will become stronger clinically and more secure financially,” Dr. Mark DeMatteo, Jordan Hospital's chief of emergency medicine and chair of the medical staff, said in a statement. The ownership structure is the same as the ones that Beth Israel Deaconess has in place with hospitals it acquired in Milton and Needham. Beth Israel Deaconess this year has signed agreements to form a clinical and academic affiliation with Cambridge Health Alliance, a hospital in Cambridge, Mass., and a clinical affiliation with Signature Healthcare Corp., which owns the Brockton (Mass.) Hospital.
Regional News/Northeast: Beth Israel Deaconess Medical Center to acquire hospital in Plymouth
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