Author: hssweb-admin

Caritas hospitals could carve niche under new owner By Steven Syre and Robert Gavin, Globe Staff  |  March 30, 2010 The New York private equity firm that last week struck… Read more »

By Jenn Abelson, Globe Staff  |  March 30, 2010 Shaw’s Supermarkets Inc. and its striking employees failed to reach an agreement when they met yesterday with a federal mediator. Workers’… Read more »

By Casey Ross, Globe Staff  |  March 25, 2010 Secretive even by the standards of the hushed world of private equity, Cerberus Capital Management is perhaps best known for two… Read more »

Catholic identity will be retained Hospitals to shift to for-profit status By Robert Weisman, Globe Staff  |  March 25, 2010 Caritas Christi Health Care, the state’s second-largest hospital group, is… Read more »

By now, you have all heard that Cerberus has acquired Caritas hospitals. Today, we had a conference call with Caritas senior management to ask them a number of questions we… Read more »

Some see gain, others friction in for-profit plan By Robert Weisman, Globe Staff  |  March 26, 2010 Employees, patients, and community leaders said yesterday they are wary but hopeful after… Read more »

Under the agreement, Cerberus’s first investment in hospitals, Caritas Christi’s management in Boston will continue running the Catholic community hospitals. In addition, Cerberus has pledged to keep the system’s 12,000… Read more »

Hospital Plans to Dismantle the Nurses Pension on March 31 Without Fulfilling Its Legal Obligation to Complete Negotiations for a New Union Contract Hospital is taking extremely hard line stance,… Read more »