Months after Heywood Healthcare, one of the few Central Massachusetts independent community healthcare systems, entered formal non-binding discussions to affiliate with UMass Memorial Health of Worcester, the merger has been called off.
Rockland Trust has provided $29 million in financing to Waterstone Properties Group of Needham, for the construction of a surgical pavilion expansion at Heywood Hospital in Gardner.
The Petersham location of Gardner-based Heywood Healthcare’s addiction treatment facility The Quabbin Retreat has sold to development company, Waterstone Properties Group, Inc. of Needham for $3.3 million, according to the Worcester District Registry of Deeds.
Hospital profits have fallen significantly across the state, including hospital systems based in Central Massachusetts, according to the latest report by the Center for Health Information and Analysis.Â
Heywood Healthcare, one of the last independent community healthcare systems in Central Massachusetts, has agreed in principle to join the UMass Memorial Health system, seeking to become part of the network with facilities in Worcester, Marlborough, Leominster, Clinton and Southbridge.
Among the hires and promotions in this edition of Movers & Shakers are those at Fletcher Tilton, Open Sky Community Services, AXIOM Learning Solutions, and AAFCPAs.
The Worcester Business Journal editorial staff is seeking readers' ideas for this year's Power 50, WBJ's annual list of the most influential professionals in Central Massachusetts.
After receiving approval from the Massachusetts Public Health Council, Heywood Hospital in Gardner will commence construction on a new surgical pavilion, according to a Wednesday press release.