Partners, Harvard Pilgrim exploring merger
Health care giant Partners is exploring a merger with Harvard Pilgrim Health Care, a major insurer, but is also looking at other possible alliances.
A Partners spokesman confirmed the possible deal, which was reported Friday by other media outlets.
"As the healthcare environment changes and insurers and providers increasingly share financial risk, traditional relationships are shifting," Partners spokesman Richard Copp said. "Partners HealthCare is constantly exploring new partnerships and relationships with other providers and insurers with the goal of improving the delivery of health care to patients both locally and around the world. Harvard Pilgrim is certainly among those organizations."
The Massachusetts health care market is constantly shifting and consolidating as providers look to position themselves for the future. A Partners-Harvard Pilgrim deal would be notable in part because it involves a provider and an insurer.
Said Copp: "Both of our organizations are taking the opportunity to explore ways that we can work together to improve the patient experience and quality of care while controlling medical trend and reducing costly administrative burden."
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