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Article: Beth Israel and Lahey agree to form alliance Plan to seek health care contracts together
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- November 22, 1995
- Author:
CopyrightCopyright 1995 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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Ending months of speculation, Beth Israel HealthCare and Lahey
Hitchcock Clinic yesterday said they will jointly vie for managed
care contracts.
Beth Israel and Lahey have been in discussions since early this
year to develop an alliance. In March, the two decided against
merging, but said they would still work together in looser
arrangements. Yesterday's announcement represents the near-term
culmination of those talks.
"We will have better focus if we develop our networks separately,"
conceded Lahey chief executive Bruce W. Steinhauer at a press
conference yesterday announcing the "Lahey Hitchcock Beth Israel
Managed Care Partnership."
The move means insurers will be able to sign a single ...