MaineHealth announced Thursday that its 10 member organizations, including 8 hospitals, are uniting under a single board and a $2.5 billion budget.
Unification has been touted as a way to more easily share resources between hospitals and preserve services. But some experts say consolidation leads to higher prices.
The idea was first pitched about a year ago to address a challenge in health care, says MaineHealth president Bill Caron. That is, the increasing financial pressure on smaller, rural hospitals as more profitable services shift to larger health centers.