Partners HealthCare fired back Friday at a state commission’s report that said its proposed takeover of community hospitals in Medford and Melrose would raise medical spending by up to $23 million a year.
In a response to the Health Policy Commission, Partners and its acquisition target, Hallmark Health System, said the commission used flawed methodology and ignored important facts in reaching its conclusions.
“This transaction is a unique opportunity to support our mission in the northern corridor, realize an entirely new vision for care delivery, and restore financial health to [Hallmark] and its neighboring Partners facility, North Shore Medical Center,” the response states. “We are disappointed in — and strongly disagree with — the conclusions in the preliminary report that summarily dismissed the affirmative aspects of the transaction.”
The Health Policy Commission studies hospital mergers but cannot block them, only refer them to the attorney general for further review. Last month the commission said the Partners bid to acquire the Hallmark hospitals — Lawrence Memorial in Medford and Melrose-Wakefield in Melrose — will raise health care spending by $15.5 million to $23 million a year, increase insurance premiums, and reinforce the market power of the state’s biggest health system.
But Partners said its analysis shows the merger would save $21 million a year, for the next five years, by reorganizing care across several facilities north of Boston.
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