A planned merger between Partners HealthCare and Harvard Pilgrim Health Care has been suspended over mounting concerns about whether the deal could receive regulatory approval, RevCycleIntelligence reports.
“Now isn’t the right time to try to push something like that ahead,” Partners President and CEO David Torchiana told the Boston Globe. “I don’t think either organization is sure that it’s something that’s actually possible to achieve … in this environment right now where there’s such intense scrutiny of every move.”
Though the merger has been halted, Harvard Pilgrim President and CEO Michael Carson said in a statement that their partnership with Partners HealthCare, which holds the spot as Massachusetts’ largest hospital system, will continue to evolve.
“Our discussions with Partners HealthCare have always been focused on exploring ways we can improve and enhance the patient experience while helping to control costs,” Carson said. “We continue to evaluate opportunities for collaboration with Partners on this important mission.”