![]() Sources in city government said it will take months to assess the property and deliver the now for-profit hospital its first tax bill. Taunton previously did not collect property taxes from Morton Hospital, since it was previously a non-profit operation. The deal will also mean added property tax revenue for the city. Steward now has more than 16,000 employees, the company says. 16M verdict unpaid ahead of Quincy-based Compass Medicals sudden closure, lawsuit winner says. With Quincy and Morton under Steward’s belt, they now have 10 hospitals. “Joining Steward gives us the capital we need to update our facilities and technology so we can deliver the best possible care to the people of Greater Taunton,” Bryant said. Taidine Lopes is offering online video visits for patients in MA. Maureen Bryant, chief executive officer at Morton, said the deal equals better service for patients at the hospital. FL) Carney Hospital (Dorchester, MA) Good Samaritan Medical Center (Brockton, MA). Steward will also assume the $30.5 million unfunded liability in Morton's pension plan and pay off $28 million in debt owed by Morton and its affiliates. Steward Health Cares physician-led model was created to provide. Steward Medical Group-Hancock Internal Medicine. The sale of Morton’s properties totaled $42,825,000, according to records on file at the Northern District Registry of Deeds Office in Taunton.Ī deal struck between Morton and Steward stipulates that Steward will invest $100-120 million in capital improvements over the next decade with $85 million to be spent within five years (including at least $25.5 million in the first year). Xinping Ren, MD is a board certified internist in Quincy, Massachusetts. “Our capital investments in these hospitals will allow their medical staff and employees to enhance the quality of care they deliver to their patients.” Book your appointment today Find a doctor - doctor reviews and ratings. ![]() d/b/a Quincy Medical Center, 114 Whitwell Street. “Morton and Quincy will be important parts of our fully integrated community care organization,” said Ralph de la Torre, chief executive officer of Steward. This notice describes the privacy practices of the Steward Health Care. ![]() The transactions had already been reviewed and approved by the Massachusetts Attorney General and the state’s Department of Public Health, along with the state’s Supreme Judicial Court. Steward announced the completion of the acquisitions of Morton Hospital and Medical Center along with Quincy Medical Center, which was the final hurdle for the takeover of the nonprofit hospitals. Steward Health Care System finalized its acquisition of Morton Hospital and Medical Center, the for-profit health care group announced on Friday. ![]()
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