Partners HealthCare
 |
|
| Formation | 1994 |
|---|---|
| Type | Non-profit organization |
| Headquarters |
Prudential Tower Boston, Massachusetts |
| Coordinates | 42°20′51″N 71°04′55″W / 42.347414°N 71.081904°WCoordinates: 42°20′51″N 71°04′55″W / 42.347414°N 71.081904°W |
| Services | Healthcare |
|
President & CEO
|
David F. Torchiana, MD |
| Deborah Colton | |
|
Revenue (2016)
|
> $12 billion |
|
Staff (2017)
|
73,000 |
| Mission | Committed to serving the community. |
| Website | partners |
Partners HealthCare is a Boston-based non-profit hospital and physicians network that includes Brigham and Women’s Hospital (BWH) and Massachusetts General Hospital (MGH), two of the nation’s most prestigious teaching institutions. It was founded in 1994 with H. Richard Nesson, MD, former president of Brigham and Women’s Hospital as CEO of Partners HealthCare and Samuel O. Thier, MD, formerly president of Massachusetts General Hospital as president. According to The Boston Globe, by 2008, Partners became Massachusetts' "largest private employer and its biggest healthcare provider, treating more than a third of hospital patients in the Boston metropolitan area".
In 1994, Brigham and Women's Hospital and Massachusetts General Hospital were brought together by Partners founding co-chairs John H. McArthur and Ferdinand "Moose" Colloredo-Mansfeld. Jack Connors succeeded them as chair in 1996.
In April 2017, the United States District Court for the District of Massachusetts announced that Partners HealthCare System and one of its hospitals, Brigham and Women’s Hospital, agreed to pay a $10 million fine to resolve allegations that a stem cell research lab fraudulently obtained federal grant funding.
In May 2017, Partners announced they would be cutting more than $600 million in expenses over the next three years in an effort to control higher costs and to become more efficient. The cost-cutting initiative is called Partners 2.0, and the plan will look to reduce costs in research, care delivery, revenue collection, and supply chain. The plan will begin on October 1, 2017 and will eliminate jobs. The company lost $108 million in 2016.
Edward P. Lawrence, a retired partner at the Boston law firm Ropes & Gray LLP replaced Jack Connors on the Board in 2012.
Jack Connors, the "Boston businessman and power broker" was the "highest profile figure" at Partners HealthCare System Inc. from 1996 to 2012. Connors and William C. Van Faasen, former CEO of Blue Cross Blue Shield of Massachusetts, co-chaired a business consortium that pushed for the state’s universal health coverage law. Connors "worked behind the scenes" to get the Massachusetts health care reform law of 2006 passed.
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Wikipedia