Becker's Healthcare November 13, 2024
Abha Agrawal, MD, an internal medicine physician, joined Lawrence General Hospital as CEO in January. Four months later, Steward Health Care went bankrupt and left two nearby hospitals at risk of closure.
Dr. Agrawal had a tough decision to make: acquire the financially struggling hospitals or leave the community without appropriate access to care. Steward put its hospitals up for auction in August and Lawrence General was ready to purchase Holy Family Hospital locations in Methuen and Haverhill, Mass.
“We really felt along with the board of trustees that if any of those [hospitals] closed, it would have a devastating impact on our community as well as our hospital,” said Dr. Agrawal at the Becker’s CEO+CFO Roundtable on Nov. 11...
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