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Article: CARITAS CHRISTI HIRES STRATEGIC ADVISER NO PLANS FOR A SALE, BUT HOSPITAL CHAIN CONSIDERS ITS OPTIONS
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- August 25, 2006
- Author:
CopyrightCopyright 2006 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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Caritas Christi Health Care, the Catholic hospital chain owned by
the Archdiocese of Boston, has hired a consulting firm to evaluate
the system and suggest a business strategy, though it says it is not
currently considering selling the hospitals.
Caritas told employees in a memo yesterday it hired Navigant
Consulting Inc. of Chicago, a publicly traded company that
specializes in healthcare companies. The firm advises "large
companies facing the challenges of uncertainty, risk, distress, and
significant change," according to its website.
"The purpose is simply to conduct an assessment of Caritas'
position in the market, what it's done recently, and what its
prospects are," said John A. Kaneb, ...