The Chartis Forum

Case Study

Lawrence + Memorial Healthcare has affiliated with Yale New Haven Health System

Lawrence + Memorial Healthcare (L+M) is a not-for-profit two-hospital system located in southeastern Connecticut and southwestern Rhode Island. It is comprised of 340 beds between Lawrence + Memorial Hospital and Westerly Hospital and has $437 million in operating revenue as of 2016.

Chartis worked with the L+M Board and executive management team to negotiate a term sheet for the potential affiliation. Chartis provided analysis of capital needs for L+M, researched similar transactions, and worked with L+M’s transaction counsel to define the final components of the affiliation agreement for board and regulatory approval.

For More Information:

Add Chartis to your Home Screen