Baddour to submit testimony before Attorney General / Dept. of Public Health Public Hearing around the Caritas Christi Healthcare System Transaction

June 29, 2010 - Senator Steven A. Baddour (D-Methuen) was joined by his colleagues in the House of Representatives, Rep. Linda Dean Campbell (D-Methuen) and Rep. Brian S. Dempsey (D-Haverhill) in supporting the acquisition of Caritas Christi Health Care by the Steward Healthcare System LLC. 

The transaction will bring financial stability to the 10th largest employers in Massachusetts - protecting over 12,000 jobs, paying off all of Caritas' debt, and fully funding the Caritas pension system protecting the retirements of Caritas' 13,000 pensioners.  The transaction will also provide Caritas access to the capital necessary to modernize its six hospitals and bring state of the art medical care to our communities.  To learn more, please click on the following: