Massachusetts’ Partners HealthCare Signs Deal To Acquire Hallmark Hospitals

Circle Connections: Mergers & Acquisitions Partners HealthCare has signed an agreement to acquire the two hospitals of Hallmark Health, folding them into what is already the state's largest health care system. The deal would vastly change the mission of one of those hospitals, and one of two campuses of Partners' North Shore Medical Center. The deal is subject to approval by state and federal agencies including the U.S. Department of Justice. If approved, the plan would bring a net loss of 82 beds. It would transform the Hallmark-owned Lawrence Memorial Hospital in Medford, in part by eliminating . . .