Steward Health Care System said it has completed the acquisitions of the Morton Hospital and Medical Center and Quincy Medical Center in the US state of Massachusetts.
Massachusetts Attorney General, Department of Public Health and the Supreme Judicial Court has reviewed and approved the transaction.
Steward, an integrated community care organisation and community hospital network in New England, is investing into its hospitals’ technology, infrastructure and equipment to provide patient care at Steward hospitals.
Steward CEO Ralph de la Torre said the capital investments in these hospitals will allow its medical staff and employees to enhance the quality of patient care.
Quincy Medical Center CEO Mark O’Neill said integrating into Steward will enable the hospital to achieve long-term financial stability.