Though a merger with Boston-based Partners HealthCare is not imminent, Emerson Hospital CEO Christine Schuster said hospital officials are “thrilled” Partners has the option to acquire Emerson under a deal between the Boston-based health care system and Atty. Gen. Martha Coakley.
The deal is the result of a three-year investigation Partners was subjected to as it attempted to acquire South Shore Hospital in Weymouth and its physician group, Harbor Medical Associates, and Hallmark HealthCare's hospitals in Melrose and Wakefield.
Bombay Duck Co., a Concord-based food processor that supplies specialty food stores across the United States, has moved to a new facility in the Acton Technology Center in Acton, according to a real estate broker involved in the transaction.
A state-of-the-art medical office building has been sold and is welcoming a new tenant, further solidifying it as a prime office locale on the Route 2 Corridor. The two-story, 49,250-square-foot, Class-A clinical facility at 330 Baker Ave. — which houses Harvard Vanguard Medical Associates — is now a neighbor to Emerson Hospital and Welch's corporate headquarters, which opened at Concord Meadows this past year.
For the first time in its 10-year history, ProcessUnity, a Concord-based risk and service delivery management software firm, has the cash to grow rapidly, and CEO Todd Stone said the money comes at a crucial time in the industry.