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Boards of Lowell General Hospital and Saints Medical Center Approve Merger Agreement

Lowell General Hospital and Saints Medical Center today announced that their boards have approved a definitive agreement that will lead to the merger of the two hospitals.

As a result of the agreement, the two hospitals will combine to form one entity, which will be governed by one board of trustees. The new board will be drawn equally from the current Lowell General and Saints boards. Current Lowell General President and CEO, Norm Deschene, will serve as president and CEO of the new merged hospital.

There will continue to be two hospital campuses which will operate under one license.

"Combining the strengths of Saints and Lowell General will create one of the very best community health care systems," said Norm Deschene, President and CEO of Lowell General. "The merger will greatly benefit our patients, by creating a strong unified health care system, able to provide greater breadth and depth of services and more complex and specialized care here in the community."

Victor Poirier, Chairman of the Saints Board of Trustees, said, "The combination of these two high-quality hospitals will serve the healthcare needs of the Greater Lowell community for generations to come. We look forward to finalizing the merger as soon as possible."

"The merger of these two organizations will create an even stronger hospital, one that is well positioned to compete in a very challenging health care environment by being able to deliver more coordinated care at lower cost," said Margaret Palm, Chair of the Board of Trustees at Lowell General Hospital.

The merger will allow the hospital to utilize its resources in the most effective and efficient way, by eliminating duplication of services and redundant capital spending on new technology and equipment. The combination of Saints and Lowell General will improve the coordination and quality of care, through the adoption of a single electronic medical records system and by enhancing coordination of care within the hospital and with community physicians.

"This merger will create a financially strong institution that is able to invest in new clinical programs and technology, recruit top medical specialists and further advance the quality of health care in the community," said Stephen J. Guimond, Saints President and CEO.

"We are particularly pleased that the new board will have equal representation and that a two-campus system will be maintained."

As part of the agreement, Lowell General has negotiated a Stewardship Agreement with the Archdiocese of Boston that preserves the Catholic identity of the Saints campus.

The agreement now requires the approval of Church authorities at the Vatican and the state Department of Public Health.

Read the full press release.

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