Editorial: Beaumont-Spectrum deal rates scrutiny
Crain s Detroit Business Editorial Board
Beaumont s Southfield headquarters and Spectrum hospital operations, including Butterworth Hospital, in Grand Rapids.
In mergers, somebody benefits. And in the case of a proposed merger like that of Michigan health care titans Beaumont Health and Spectrum Health, who benefits needs to go under the microscope.
The two companies, which operate 22 hospitals in Michigan between them throughout the Lower Peninsula, say that they will deliver cost savings that can benefit everyone.
As nonprofit health systems, these organizations are social trusts that are intended to deliver benefits to their communities in return for tax exemptions, so the public is perfectly justified in demanding to know what s in it for us?
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