“We know from experience that strong hospitals and physician groups like ours seek the scale necessary to leverage collaborative technologies and data sharing that allow us to improve access to affordable, high quality healthcare for the communities we serve,” Lowell CEO Normand Deschene said in a release. “We believe the market is hungry for this type of value-driven system.”
Deschene will serve as the new parent company's CEO, and Ellen Zane, who retired as Tufts' president and CEO in 2011, will serve as its chairperson. Tufts and Lowell will have equal representation on the board of the parent company.
Since 1993, Tufts' Floating Hospital for Children has shared a clinical affiliation with Lowell to provide the advanced specialty care and resources of an academic medical center in a local facility. Tufts also has clinical affiliations with four other hospitals in Massachusetts—Lawrence General Hospital, MetroWest Medical Center in Framingham, MetroWest Medical Center in Natick, and Signature Healthcare Brockton Hospital.
“We have seen the success of working with Tufts Medical Center and its commitment to partnering with community hospitals firsthand through our successful pediatric and clinical-care affiliations,” Lowell President Joseph White said in the release. “Ultimately, this partnership will help us continue to deliver on our promise of complete connected care to members of our community—no matter where they access that care.”
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