Looking toward Hong Kong.
Partners HealthCare, apparently blocked in its efforts to expand further in Greater Boston by regulators’ antitrust pushback, Partners’ Brigham and Women’s and Massachusetts General hospitals are moving faster to develop business abroad in places with growing wealth.
The Boston Globe reports that Partners, Massachusetts’s largest health system, “so far has no plans to acquire or build its own hospitals overseas. But executives are on the hunt in international markets for contracts to develop medical programs, train doctors and nurses, and manage hospitals.”
“Partners is running out of growth opportunities in Boston,” said Robert Field, a professor at Drexel University, in Philadelphia, who studies healthcare consolidation, told The Globe.
International programs give U.S. health systems a way to increase revenues as they come under pressure from government and private insurers to control prices at home.