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Contract Agreement Reached

February 9, 2007

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Northeast Hospital Corporation and The Massachusetts Nurses Association Reach Three-Year Contract Agreement

(Beverly, MA) - Registered Nurses employed by Beverly Hospital, Addison Gilbert Hospital and the Beverly Hospital Hunt Center overwhelmingly ratified a new collective bargaining agreement on February 1, 2007. The new contract is effective immediately, and expires on October 31, 2009. The Massachusetts Nurses Association (MNA), the union which represents almost 650 nurses in the hospitals, has been negotiating with Northeast Hospital Corporation (NHC), the parent company of the three sites, since August 2006.

The previous contract originally expired on October 28, 2006, but was extended until the end of January. The new agreement involves numerous changes with the most significant being an improvement in the wages paid to registered nurses, recognition and rewards for nurses who have Bachelors and Masters degrees and certification in a nursing specialty.

"I am thrilled for our nursing staff, we have a fantastic three-year agreement which allows us to recruit and retain the most talented and skilled nurses," said Greg Bird, senior vice president of patient care services and chief nursing officer. “As a leading healthcare provider on the North Shore, we have a great work environment for our nurses and now we have very competitive salaries for all our nurses. This contract confirms the value and importance of nursing in our organization.”

Northeast Hospital Corporation
As affiliates of Northeast Hospital Corporation, Beverly Hospital and Addison Gilbert Hospital are full service community hospitals providing quality, patient-centered care to North Shore residents. Services include maternity, pediatrics, surgical, cardiology, orthopedics, as well as other specialties. The hospitals boast a medical staff of more than 570 physicians and their service area includes 13 communities.

Awards & Recognition

100 TOP HOSPITALS

Beverly Hospital and Addison Gilbert Hospital Among Truven Health Analytics 2015 Top 100 Hospitals

THE LEAPFROG GROUP'S HOSPITAL SAFETY SCORE

Since the onset of the Hospital Safety Score in Spring 2012, the publicly available data showed Beverly Hospital and Addision Gilbert Hospital have consistently exceeded the standards of other medical institutions in terms of patient safety procedures in place, earning them both a Straight A’s distinction.

Our Boston Area Locations

Public Announcement Concerning a Proposed Health Care Project

Lahey Health System, Inc., located at 41 Mall Road, Burlington, MA 01805 (the parent of Lahey Clinic Hospital, Inc., 41 Mall Road, Burlington, MA 01805, Northeast Hospital Corp., 85 Herrick Street, Beverly, MA 01915, and Winchester Hospital, 41 Highland Avenue, Winchester, MA 01890), CareGroup, Inc., located at 109 Brookline Avenue, Boston, MA 02215 (the parent of Beth Israel Deaconess Medical Center, Inc., 330 Brookline Avenue, Boston, MA 02215 (which in turn includes Beth Israel Deaconess Hospital-Milton, Inc., 199 Reedsdale Road, Milton, MA 02186, Beth Israel Deaconess Hospital – Needham, Inc., 148 Chestnut Street, Needham, MA 02492, and Beth Israel Deaconess Hospital – Plymouth, Inc., 275 Sandwich Street, Plymouth, MA 02360), New England Baptist Hospital, 125 Parker Hill Road, Boston, MA 02120, and Mount Auburn Hospital, 330 Mount Auburn Street, Cambridge, MA 02138), and Seacoast Regional Health Systems, Inc., located at 25 Highland Avenue, Newburyport, MA 01950 (the parent of Anna Jaques Hospital, 25 Highland Avenue, Newburyport, MA 01950) (collectively the "Applicant"), intend to file an Application for Determination of Need ("Application") relative to a proposed affiliation involving the Applicant (the "Project"). The Applicant is submitting its Application as it intends to affiliate to create a new comprehensive, distributed, high quality and high-value non-profit healthcare delivery system to serve patients throughout Eastern Massachusetts. To facilitate the level of economic and clinical integration required to better manage the health of a broad population and meaningfully impact care delivery in the state, the Project would establish a new parent company that will function as the sole corporate member of each hospital, and will also include the participation of the organizations’ accountable care organizations. The Total Value of the Project is estimated to be approximately $5,323,154,000. There is not expected to be any anticipated price or service impacts on the Applicant’s existing Patient Panel. Any ten Taxpayers of Massachusetts may register in connection with the intended Application or amendment by no later than October 16, 2017, by contacting the Department of Public Health Determination of Need Program, 250 Washington Street, 6th Floor, Boston, MA 02108.

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