Seven months after signing a letter of intent to explore a possible acquisition, Beth Israel Lahey Health says it has forged a definitive agreement to acquire Joslin Diabetes Center. The deal, which will require regulatory approval from multiple state agencies and likely federal authorities, extends a clinical affiliation that Beth Israel Deaconess Medical Center (BILH) has had with Joslin for several decades. It also continues a trend in which specialty hospitals are being acquired by larger state systems. The merger would bring 50 physicians and 500 Joslin employees into the BILH network, which already boasts 4,900 physicians and 36,000 employees.
Read the full article: Beth Israel Lahey to Acquire Joslin //
Source: https://www.bizjournals.com/boston/news/2021/06/15/beth-israel-lahey-to-acquire-joslin.html