'Bad timing' ends proposed UMass Memorial Health/Heywood Healthcare merger
Seven months ago, the parties signed a non-binding letter of intent to explore the possibility of joining forces.
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Seven months ago, the parties signed a non-binding letter of intent to explore the possibility of joining forces.
Months after Heywood Healthcare, one of the few Central Massachusetts independent community healthcare systems, entered formal non-binding discussions to affiliate with UMass Memorial Health of Worcester, the merger has been called off.
The notebooks were originally inspired by the “agricultural memo books” that had been used as promotional items in the early 20th century.
COVID-19 continues to shape the healthcare landscape across Central Massachusetts, as hospitals grapple with soaring costs and staffing shortages.
The bank’s growth in assets mainly came from securities, which rose $84 million from the 2020 fiscal year, and net loans, which increased by $48 million.