Partners HealthCare holding off on Care New England takeover due to financial concerns

A top executive at Partners HealthCare said the company is holding off on finalizing its proposed takeover of Rhode Island’s No. 2 hospital group, Care New England, until a viable turnaround plan is in place. Partners Chief Financial Officer Peter Markell told the Boston Business Journal the two sides are expected to meet in late September or early October to decide whether the deal can proceed.