Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Henry Ford, Beaumont $6.6-billion mega merger is called off

Detroit Free Press, May 22, 2013
After six months of planning and one delay, Henry Ford and Beaumont health systems called off their planned $6.6-billion mega merger today that would have created one of the largest hospital systems in Michigan. In a letter to employees, Henry Ford CEO Nancy Schlichting said her hospital system's 20-member Board of Trustees voted late this afternoon to allow the deal's letter of intent to expire at the end of this week. "This decision was made because it became apparent that two very different perspectives had emerged for the new organization between Henry Ford and Beaumont," Schlichting's letter says.